VOL. XLV

No 14

8-April-2002

ALGERIA

Algeria Steps Up PaceOf Upstream Awards, Charts Route To 85BCM Gas Exports By 2005

OPEC-related oil outputrestrictions have had little impact on Algerias upstreamlicensing rounds, where the number of contracts and the speed of awards ispicking up pace. Meanwhile in the gas sector, Algeria is makingsteady progress towards its new target of raising gas exports from theircurrent level of 60bn cu ms/year to 85BCM/y by 2005. In interviews in Vienna last monthwith...