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Total, Algeria’s Sonatrach renews liquefied natural gas partnership

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Total and Algeria’s Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG) for an additional 3 years.

The agreement extends the existing supply contracts to provide 2 million tons per year of Algerian LNG to the French market, primarily through the LNG terminal at Fos Cavaou. The agreement also includes the sub-charter of an LNG tanker of Total by Sonatrach.

“This agreement is part of the long history of cooperation between Total and Algeria’s Sonatrach. Thanks to the quality of our relationship we were able to conclude it in an extremely volatile market environment. This new contract further enhances the flexibility of Total’s LNG portfolio and strengthens our position as a major partner of Sonatrach,” said Laurent Vivier, President Gas of Total.

Source Total
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