Repsol, Gas Natural Lose Algeria Project

Tuesday, 4 Sep 2007 | 2:35 PM ET

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.