VOL. XXXIV

NO. 43

29-JULY-1991

Increasing Reserve Recoverability Is Key To New Algerian OilStrategy

An infusion of investment and technology to boost production and recoveryfactors in existing oilfields, together with a sizeable injection of cash tohelp alleviate the country's chronic debt problem, constitute the twin objectives of Algeria's new oil policy which envisages the sale to foreign companiesof oil production rights for a certain period of time. The two main planks ofthis policy were...