VOL. XLV

No 27

8-July-2002

ALGERIA

Algeria Awards Seven Of 10 Blocks Tendered In Third Licensing Round

Algeria has awarded seven of the 10 oil and gas exploration blockstendered in the Third Licensing Round (MEES,18 February see Map overleaf). Three of the blocks, including two in the BerkineBasin, were unbid and will be retendered in a subsequent licensing round, Sonatrach said in a statement. The total work commitmentsrepresented by the award amount to $107mn.

Anadarko,which along with Denmark...