Middle East Economic Survey

VOL. LIII

No 1

4-Jan-2010

ALGERIA

Alnaft Awards Three Upstream Licenses

Algerian upstream regulatory authority Alnaft on 20 December awarded three exploration and development licenses out of 10 permits offered in mid-2009 to international firms under Algerias eighth upstream bidding round (MEES, 6 July 2009). Algerian Minister of Energy and Mines Chakib Khelil told reporters alongside the OPEC meeting in Luanda on 22 December: We have just awarded three areas for...