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Repsol, Gas Natural Lose Algeria Project

2:35 PM ET Tue, 4 Sept 2007

Repsol's shares were down slightly on Tuesday after Algerian state oil company Sonatrach dismissed the Spanish utility and Gas Natural from a 5 billion euro project to develop natural gas in the country. CNBC's Guy Johnson talks to William Powell, Managing Editor for Gas at Platts, for more.