Sonatrach Plans to Establish Natural Gas Company in the United States
Speaking at a U.S.-Algeria Business Council energy conference, an official from Algeria’s state-owned Sonatrach said the company is investigating ways to establish a U.S. subsidiary or form a partnership with an existing company to manage LNG imports. Sonatrach recently announced plans to triple LNG exports to the United States by 2010. The Dow Jones News Service (carried via LexisNexis) provides additional details. [Subscription required]