VOL. XLIV

No. 14

2-APRIL-2001

ALGERIA/TURKEY

Turkeys Petroleum Pipeline Corporation (Botas) and Algerias Sonatrach on 25 March signed an amendment to their 1988 LNG sales and purchase agreement that covers the commercial conditions of the contract for the next three years. Details of the price adjustment were not disclosed. The original agreement (MEES, 8 February 1988) covered shipments of 2BCM/y for 20 years of Algerian LNG beginning in 1992. Shipments actually started in August 1994 to Turkey...