Middle East Economic Survey
VOL. XLVIII
No 46
14-November-2005
ALGERIA
Sonatrach Signs Five-Year Crude Supply Contract With Valero
Sonatrach on 9 November signed a five-year crude supply contract with San Antonio-based Valero Energy Corp, the largest refining firm in North America, to supply up to 100mn barrels to feed the companys new 215,000 b/d Jean Gaulin refinery in Quebec, Canada. The deal makes Valero the biggest buyer of Saharan Blend, and the company says it intends to expand its refining...
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