ALGERIA

New Crude Prices Mean Slight Fall for LNG Prices

Reports from Paris indicate that officials of Gaz de France (GDF) are anticipating only a relatively minor fall in the price paid for France's imports of Algerian liquefied natural gas (LNG) as of April 1 (the next date for the quarterly adjustment of prices) as a result of the new oil price structure agreed on by OPEC in Geneva*. On the basis of a partial effect of the price decreases in the first quarter (most of which did not...