Algerian Sonatrach Adopts Competitive Long-Term Gas Strategy

published:08/03/2021 05:18 GMT

Algeria’s national hydrocarbons company Sonatrach has adopted a long-term strategy for the marketing of gas in the face of stiff international competition, in order to consolidate its shares in its traditional markets, particularly in Europe, the group said in its latest newsletter. After the entry of new suppliers with large production capacities, such as the United States and Russia, causing the fall in the price of gas, “the world gas scene has been greatly disrupted, impacting the limited...More