Middle East Economic Survey

VOL. XLVIII

No 18

2-May-2005

ALGERIA

Sonatrach Signs Contracts From Sixth Licensing Round

Sonatrach on 23 April signed exploration contracts with the successful foreign companies in the sixth licensing round, according to Algerias El-Khabar website. BP, Shell, BHP Billiton and Gulf Keystone on 9 April were awarded nine of 10 blocks that Algeria had put up for tender last autumn (MEES, 18 April). El-Khabar quoted Algerian Energy Minister Chakib Khelil, who attended the...