VOL. XXXIX

No. 13/14

25-December-1995/1 January 1996

ALGERIA

Algeria AndBP Are Poised To Sign Massive Upstream-Downstream Gas Development Deal

After more than two years of tough negotiations, Algeria'sSonatrach and British Petroleum (BP) are poised to concludea massive upstream-downstream gas development deal, theformal signature of which is now expected to take place on23 December. Upstream, the deal envisages the developmentof gas reserves in a 25,000-sq. km. tract awarded to BP inthe remote...