Algeria signs gas deal with TotalEnergies to secure exports to Europe
Sonatrach has concluded a new partnership with TotalEnergies, including a liquefied natural gas supply contract through 2025, amid a strategic shift in energy flows towards Europe.
| Sector | Gaz, GNL |
|---|---|
| Theme | Politique & Géopolitique, Sécurité énergétique |
Algerian state-owned group Sonatrach has signed an agreement with French company TotalEnergies, strengthening their cooperation in liquefied natural gas (LNG). The memorandum of understanding provides for LNG deliveries to France through 2025, under a revised contractual framework. This agreement comes as Europe seeks to diversify its energy supply to replace Russian volumes.
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