The Algerian oil and gas company Sonatrach has announced a nine-year gas supply contract with Spain for 9 bcm/year. Algeria is intensifying commercial relations with Europe, as Gas Natural Fenosa renewed its gas supply agreement with Sonatrach until 2030 in June 2018. Sonatrach currently supplies around 9.8 bcm/year to Gas Natural Fenosa.
In addition, Sonatrach has signed a contract with the Italian oil and gas company Eni for 3 bcm/year of gas; the timeframe of the contract was not disclosed. Eni currently produces 100,000 boe/d in Algeria and operates 32 mining permits in the country.
