Sonatrach Signs Letter of Intent for Leased Capacity at Occidental’s Ingleside Energy LNG
Posted on Nov 22, 2005 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Sonatrach Signs Letter of Intent for Leased Capacity at Occidental’s Ingleside Energy LNG
Algeria’s Sonatrach has signed a non-binding letter of intent for between 2.5 and 5 Bcm at Occidental’s proposed Ingleside terminal. Sonatrach described the agreement as “an important stage” in its efforts to establish itself in the U.S. market. Yesterday’s Platts LNG Daily has the details. [Subscription required]