VOL. XXXV
NO. 34
25-MAY-1992
Algeria
Company Bids on First Six Algerian Oilfields Envisage Investment of$3.7-4.2bn
Bids by international oil companies on production enhancement for sixAlgerian oilfields envisage a total investment of between $3.7bn and $4.2bn,according to an announcement by the national company Sonatrach. The biddingcompanies are projecting the recovery, over a period of 20 years beginning in1993, of 1bn barrels of additional reserves over and above Sonatrach's originalestimates....
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