VOL. XXXV
NO. 45
10-AUGUST-1992
Algeria
Abdesselam Criticizes Financial Terms of Oil Company Bids
While defending Algeria's open-door policy to promote investment by foreigncompanies in oil and gas development, the new Algerian Premier, Mr. BelaidAbdesselam, has complained that the financial terms of recent oil company offers in this regard - particularly the all-important front-end bonus paymentswhich Algeria is counting on to ease its economic plight - fall short of thedesired level. In a recent...
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