VOL. XXVIII
NO. 31
13-MAY-1985
ALGERIAN GOVERNMENT APPROVES NEW LEGISLATION TO ENCOURAGE FOREIGNPARTICIPATION IN OIL EXPLORATION
The Algerian Government has approved new legislation designed to boost oilexploration by allowing for flexible terms, in line with prevailing conditionselsewhere in the world, for participation by foreign firms. The new draft law onexploration, which was approved by the cabinet on 4 May, is now being submittedto parliament for debate and final ratification.
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