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.

Disclosing...