Middle East Economic Survey

VOL. LIV

No 40

3-Oct-2011

ALGERIA

Algeria Planning First Shale Gas Exploration In 2012

Algeria is drawing up plans to start its first shale gas exploration in early 2012, Nur al-Din Cherouati, CEO of state-owned energy firm Sonatrach was quoted as saying on 28 September. By making use of new technologies to access gas that was previously too difficult to tap, shale gas projects in Algeria are seen as a feasible way of finding new reserves to replace those existing...