VOL. XLIII

No. 03

17-January-2000

ALGERIA

Algeria Raises Domestic Fuel Prices

Algerias national oil distribution company Societe Nationale de Commercialisation et de Distribution des Produits Petrolieres (NAFTAL) has announced an increase in the domestic prices of petroleum products with effect from 1 January. According to the announcement, the price of regular gasoline has been increased from AD18.40/liter ($0.27 at the exchange rate of $1=AD68.16) to AD19.15 ($0.281) and that of premium...