Petronas in Algeria LNG Talks

Petronas of Malaysia is reportedly in advanced negotiations to purchase 18 LNG cargoes from Algeria over a three-year period.

The company is readying to take delivery of four to six LNG cargoes per annum from Algeria under the proposed deal, Reuters reported

Algeria has also recently sold one or two LNG shipments to Petronas as part of single-cargo deals, according to Reuters.

[mappress]

LNG World News Staff, February 27, 2014