Eni and SONATRACH sign MoU
Published by Lydia Woellwarth,
Editor
World Pipelines,
The Chairman and Chief Executive Officer of the Algerian state company SONATRACH, Rachid Hachichi, and the Chief Executive Officer of Eni, Claudio Descalzi, signed a Memorandum of Understanding (MoU) to confirm their willingness to come soon to the renewal of the gas supply contract and the transportation arrangements through the pipeline crossing the Mediterranean Sea for 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.worldpipelines.com/business-news/26042019/eni-and-sonatrach-sign-mou/
You might also like
World Pipelines Podcast: All things Canada, with the PLCAC
Elizabeth Corner speaks to Kevin O’Donnell, Executive Director of the PLCAC, about how membership organisations benefit the pipeline sector and those who work in it, discussing events, networking, resources, training, skills development, and learning.
Staying grounded
Essam Arfaj, Bader Jarallah, and Mohanned Tarabzouni, Aramco, Saudi Arabia, weigh in on the debate between installing pipeline valves above-ground, underground, or in a valve box.
