VOL. XXXII

NO. 37

19-JUNE-1989

ALGERIA

Sonatrach and Distrigaz Settle LNG Dispute

Algeria's Sonatrach and Distrigaz of Belgium have settled their long-runningdispute over the price and quantity of Algerian liquefied natural gas (LNG) tobe sold to Belgium under the contract originally concluded by the two companiesin 1975. The 1975 agreement provided for exports of 5bn cu. ms. of LNG toBelgium annually over a 20-year period beginning in 1980, but deliveries did notactually begin until 1982 and were...