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Algeria Buys 11 Cargoes of Gasoil in April-March

Source: Reuters 3/26/2012, Location: Africa

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Algeria's state oil company Sonatrach has awarded a tender to buy 11 cargoes of gasoil for delivery between late March and April, traders said. The cargoes were awarded at a premium of around $17.00-17.50 a tonne over mean Mediterranean prices, one of the trading sources said.

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