Algeria/Tunisia: Naturgy ‘can’t declare force majeure’ on contract

Issue 418 - 26 Jun 2020
Sonatrach cannot consider coronavirus as an acceptable basis for Spanish gas buyer Naturgy Energy Group to lower prices and declare force majeure on its imports from Algeria, energy minister Mohamed Arkab told parliament’s finance and budget committee on 17 June. The official Algérie Presse Service quoted Arkab as saying the global health crisis was not a reason to invoke force majeure, as nowhere had the lockdown stopped power stations from operating.

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