Middle East Economic Survey

VOL. XLVII

No 26

28-June-2004

ALGERIA

Algerian Power Market Not Ready For Liberalization, Says Sonelgaz CEO

The Algerian electricity market is not ready to be opened to full-scale competition, due to de facto subsidies that exist in the pricing of power in the domestic market, Chief Executive of state-owned Sonelgaz Noureddine Boutarfa said at a press conference on 20 June. “Conditions for opening the electricity market do not yet exist in our country....