Algeria, Nigeria Sign Upstream Gas Swap Deal -Algeria
Algeria, Niger and Nigeria agreed Friday to build a $10 billion trans-Sahara pipeline that will bring gas from Nigeria to Algeria's coast before it is shipped to Europe.
In an interview with Dow Jones Newswires, Chakib Khelil said state-owned "NNPC (Nigerian National Petroleum Corp.) will search for gas in Algerian deposits," while Algeria will explore Nigerian reservoirs.
He added the accord also included production.
-By Benoit Faucon, Dow Jones Newswires; (44) 207 842 9266; benoit.faucon@dowjones.com
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Publié le 03 Juillet 2009 Copyright © 2009 Dowjones
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