VOL. XL
No. 40
6 October 1997
ALGERIA
Algeria Raises October Price Formula
MEES understands that Sonatrach has raised its contract price for Saharan Blendby 5 cents/B to Dated Brent plus 65 cents/B for October, as compared with plus 60 cents/Bfor September. The following table shows the adjusttment factors for Algeria's Saharan Blend in relation to Dated Brent for 1997(cents/B):
1997 | ||||||||||
Saharan | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
Blend (44º) | +74-75 | +78-80 | ...
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