Middle East Economic Survey

VOL. LII

No 27

6-Jul-2009

Algeria Launches New Bid Round, Seeks To Revive Exploration Interest

Algeria launched its eighth upstream bid round on 30 June, in an effort to revive international interest in the countrys exploration potential, following the distinctly subdued tender concluded in December last year. Ten blocks are on offer this time, three of which were available but received no bids in the previous licensing round. The prolific Ahnet block in southern...