VOL. XLVI

No 51/52

22/29-December-2003

ALGERIA

Algeria Awards Five Upstream Blocks In 2003 Bid Round

Algeria has awarded five of the 12 upstream blocks available in the 2003 licensing round (MEES, 12 May). The Ministry of Energy and Mines said that the seven unawarded blocks, which include two offshore blocks, would probably be re-offered in 2004. Successful bids were achieved in the larger blocks, with Chinas CNPC picking up two blocks, Petro-Canada one and European consortia Total/Cepsa and...