Sonatrach becomes majority owner of Medgaz pipeline to Spain

Sonatrach becomes majority owner of Medgaz pipeline to Spain
WESPECH PTE LTD
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15.06.2020

MOSCOW (MRC) -- В Algeria's state-owned energy company Sonatrach said it's become the majority owner of the Medgaz pipeline to Europe via Spain after raising its stake to 51% from 42.96% by purchasing 19.1% of Cepsa's shares in the joint venture, reported S&P Global.Sonatrach didn't disclose the value of the deal or how much Cepsa's stake is now.The 210-km Medgaz pipeline is also on track

Full article at mrcplast.com

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