VOL. XXXII

NO. 15

16-JANUARY-1989

ALGERIA

Sonatrach and Gaz de France Sign Agreement on Gas Prices

Algeria's Sonatrach and Gaz de France have finally resolved their disputeover the pricing of exports of Algerian liquefied natural gas (LNG) to France,under an agreement signed in Algiers on 12 January. The agreement, which Frenchofficials insist is separate from the FT7bn aid package for Algeria initialed on8 January (see page B4), is backdated to January 1987 and sets an FOB price fordeliveries of...