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BNP Paribas and Sonatrach sign a financial agreement for 100 million Euros

BNP PARIBAS has signed a buyer credit agreement for 100 million euros with SONATRACH, (Société Nationale algérienne d'hydrocarbures) on 23rd November 2000 in Paris.

This credit line will allow direct financing with insurance cover from Coface (Compagnie française d'assurance pour le commerce extérieur), of the export contracts for goods and services signed between SONATRACH and various French suppliers.