Middle East Economic Survey
VOL. LIII
No 41
11-Oct-2010
MEES Agenda
Algeria Rediscovers Virtues Of Long Term Commitment
Two years of extreme volatility in LNG markets, which saw spot prices surge to over $20/mn BTU before plunging to around $4/mn BTU, has prompted Algeria to reassess a planned trial run of marketing an entire LNG projects output on a spot basis. Algeria is now firmly wedded to a strategy dominated by long term contracts, principal ministerial advisor Ali Hached told the 15...
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