ALGERIA
Algeria Fleshes Out New Oil Law
By James Cockayne
Algeria’s national assembly this week debated amendments to the country’s hydrocarbon law. These aim to increase foreign interest in the sector and ultimately boost production. A final vote is expected on 21 January.
Algeria’s hydrocarbon output fell 3% to 200mn tons of oil equivalent (toe) for 2012, according to preliminary figures given by Sonatrach CEO ‘Abd...
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