VOL. XLII

No 51

20-December-1999

ALGERIA

Algeria Raises January Price Formula

Algeria has increased its January price formula for SaharanBlend by 26 cents/B to Dated Brent plus 70 cents/B. The following table showsthe adjustment factors for Saharan Blend in relation to Dated Brent during thesecond half of 1999 and January 2000 ($/B):

1999

2000

Saharan

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Blend (44ｺ)

+0.10

+0.45

+0.30

+0.17

+0.24

+0.44

+0.70