VOL. XXXIX

No. 63

9-December-1996

ALGERIA

Correction: Algeria's December Price Formula

MEES learns that Algeria's Sonatrach has reduced the price formula for its Saharan Blend crude for December to Dated Brent plus 72-73 cents/B, and not Dated Brent plus 75 cents/B as was reported earlier (MEES, 2 December). The following table shows the adjustment factors for Algeria's Saharan Blend in relation to Dated Brent for 1996 (cents/B):

__________________________1996______________________________

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