Eni and SONATRACH sign Memorandum of Understanding
Published by Tom Mostyn,
Editorial Assistant
Hydrocarbon Engineering,
The Chairman and CEO of the Algerian state company SONATRACH, Rachid Hachichi, and the CEO of Eni, Claudio Descalzi, have signed a Memorandum of Understanding (MoU) to confirm their willingness to renew the gas supply contract and transportation arrangements through the pipeline crossing the Mediterranean Sea over the forthcoming years.
This MoU represents a further step towards the strengthening of the long term relationship between the two companies and set the basis of a new contractual framework taking into account the changes in the market conditions.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/26042019/eni-and-sonatrach-sign-memorandum-of-understanding/
You might also like
The Hydrocarbon Engineering Podcast - Insights into the UN Global Plastics Treaty negotiations
In this episode of the Hydrocarbon Engineering Podcast, Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel & Petrochemical Manufacturers (AFPM), discusses the outcomes of the final round of UN negotiations for a Global Plastics Treaty.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
