ALGERIA SEEKS TO CEMENT ITS POSITION AS A KEY EUROPE ENERGY SUPPLIER
February 1st, 2008
BY FIDELMA COOK, PAUL COCHRANE and KEITH NUTHALL
SONATRACH, Algeria's national oil and gas company, has made no secret to its determination to strengthen its position in Europe, which already accounts for around 60% of Algeria's export earnings....the bulk of which is in gas.
Company President Mohamed Meziane said this month (February) that with deals already underway, 30% of its business until 2015 will come from abroad.
Algeria provides about 13% of Europe's total natural gas consumption and there is a lot more to come, having the world' eighth largest proven ...
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