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Sunday, August 19, 2007

Gazprom Opens Office in Algiers

The Russian gas company GAZPROM has decided to gain a foothold in Algeria by opening a representation office in the capital Algiers.

The move comes in the framework of an agreement signed last May between the Algerian hydrocarbons company Sonatrach and Gazprom.

The accord is aimed at upgrading cooperation and exchanges in the gas field and related matters between the two major companies.

It should be noted that Algeria's Sonatrach and Russia's Gazprom now stand as the main gas suppliers of European countries.


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