VOL. XXXVIII

NO. 34

22-MAY-1995

Gas Marketing

Incremental Supplies Of Long Distance Gas To Europe Cannot Be Provided At$2.50/Mn BTU, Says Ait-Laoussine

Mr. Nordine Ait-Laoussine, President of the Geneva-based consulting firmNalcosa and a former Algerian Energy Minister, cautioned last week that at thecurrent European border price for gas imports of around $2.50/mn BTU, it willnot be economic to provide incremental supplies of long distance gas to Europe.Mr. Ait-Laoussine told the Eighth European...