Reuters exclusively revealed Algeria’s state oil and gas producer Sonatrach is negotiating ways to benefit from significant global gas price rises in its long-term contracts with European buyers. Sonatrach is considering several options, including a partial link to spot gas prices in contracts that have historically been linked to the price of Brent crude.
Energy
Reuters reveals Algeria’s Sonatrach mulls new formulas to raise gas prices for European buyers
30 June 2022, 2:39 pm 1 minute
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Middle East
Countries: Algeria
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story