VOL. XXXV

NO. 10

9-DECEMBER-1991

Algeria

Algerian Parliament Approves Amendments to Oil Law

Key amendments to Algeria's 1986 hydrocarbons law have now been approved byAlgeria's National People's Assembly (parliament) and are due to be officiallypromulgated within the next few days following the presidential signature. Theamendments - designed to stimulate massive investment by foreign oil companiesin oil and gas development in Algeria as well as large advance payments to thegovernment (for...