German utility VNG AG signed a deal for the delivery of pipeline gas from Algerian state energy giant Sonatrach, according to people familiar with the matter.
(Bloomberg) German utility VNG AG signed a deal for the delivery of pipeline gas from Algerian state energy giant Sonatrach, according to people familiar with the matter.Most Read from BloombergHaley Loses Nevada Primary to ‘None of These Candidates’ OptionChina Replaces Top Markets Regulator as Xi Tries to End RoutTesla Asks Which Jobs Are Critical, Stoking Layoff FearsUS Commercial Real Estate Contagion Is Now Moving to EuropeTrump Denied Immunity in DC Election Case by Appeals CourtThe Lei
German Utility VNG Inks Country s First Deal With Algeria for Pipeline Gas bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Algerian Energy Minister Mohamed Arkab has called on Italian and European companies to increase investments in the energy sector in Algeria. Speaking at an energy conference in Ravenna, Arkab said Algeria is engaged in talks to develop a southern European corridor for hydrogen. For his part, CEO of the Algerian company Sonatrach Rachid Hachichi said Algeria is committed to supplying gas to Italy through the Italian energy group Eni, but investments are needed to meet demand.