Sonatrach, the national hydrocarbons company, and the Chinese company Wanhua Chemical have signed a forward contract for the supply of LPG (liquefied petroleum gas). The signing was made on Tuesday, May 16

Sonatrach announced in a press release published on its website that the contract signed with Wanhua Chemical “covers a regular supply of Algerian LPG to the Asian market, thus marking a significant turning point for Algerian LPG exports.” The press release indicates that this agreement allows “the Algerian LPG price benchmark on the largest regional market in the world.” According to the same source, the agreement confirms the desire of the two companies “to establish a lasting and fruitful commercial relationship in the field of LPG in particular and petrochemistry in