VOL. XLVI
No 3
20-January-2003
ALGERIA
Sonatrach Concludes Framework Financing Agreements For 3.2Bn With Eight Banks
The Algerian state-owned oil company Sonatrach has concluded framework agreements with eight European banks for a total of 3.2bn. The agreements were signed on 15 January by Minister of Energy and Mines and head of Sonatrach, Chakib Khelil. The individual agreements are as follows: BNP Paribas (France) 500mn; Société Générale (France) 500mn; FORTIS Banque (Belgium) 500mn; Natexis...
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