Algeria to Boost LNG Shipments to Asia as Sales to Europe Drop

By Maher Chmaytelli Dec. 9 (Bloomberg) -- Algeria, Africa’s largest natural gas producer, has expanded capacity to ship the fuel on tankers and plans to sell more of it in Asia and make up for a decline in exports to Europe, its main market. “Asia offers the best opportunities in terms of market size and market diversity,” Ahmed Mazighi, the director of market studies at … [Read more...]

Algeria to Boost Gas Shipments to Asia on Expanded LNG Capacity

March 3 (Bloomberg) -- Algeria plans to increase natural gas shipments to Asia where the fuel costs more than in Europe, the Sahara nation’s traditional market, state-oil company Sonatrach Chief Executive Officer Abdelhamid Zerguine said. “There is stiff price competition in Europe,” he said at a conference today in the capital city of Algiers. “We will focus our efforts on … [Read more...]