VOL. XXXI
NO. 28
18-APRIL-1988
ALGERIA-NORTH YEMEN
Algeria Supplies North Yemen with Crude on Soft Credit Terms
Algeria has agreed to supply North Yemen with 800,000 tons/year (18,000 b/d)of Sahara Blend crude oil at official prices but with one-year interest-freecredit facilities, according to an agreement signed a fortnight ago by theAlgerian Development Bank and the Yemeni Central Bank. An agreement in principleto this effect was initialed late last year by Sonatrach and the Yemeni oil...
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