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. 

The post Reuters reveals Algeria’s Sonatrach mulls new formulas to raise gas prices for European buyers appeared first on Reuters News Agency.

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