[ No headline ]

US natural gas suppliers, worried about the interruption of supplies from Algeria, are shopping around for other sources.

They've found Argentina.

A recent agreement between US and Argentine companies calls for the purchase of 163 billion cubic feet a year of Argentine natural gas for the next 20 years. At 1981 rates, that would be less than 1 percent of US gas consumption.

But the deal is only the first of several. Under the $2.3 billion agreement, a liquefaction plant, export facilities, and pipelines will be built in Argentina. Target date: 1986.m

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK