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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Algeria's Sonatrach, Spain's NATURGY Sign Gas Pricing Deal

The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019. REUTERS/Ramzi Boudina//File Photo

Algeria's Sonatrach and Spanish power group Naturgy have signed a deal revising the prices of long-term gas export contracts, Ennahar tv reported on Thursday.

According to Reuters, Sonatrach CEO Tewfik Hakkar said the price revision for exports via the Medgas pipeline was part of a three-year contract.

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