Sonatrach plays Russian card to access Asian gas markets
Issue 233
- 15 Jun 2012
| 2 minute read
In another effort to make common cause by wielding their huge muscle in the international market, Sonatrach and Gazprom have entered talks to engineer swaps that will allow Algeria to arbitrage higher prices and buoyant demand in Asia, while Russia maintains its hold over European customers at the same time as building market share in the east.
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