VOL. XLIV

No. 18

30-April-2001

ALGERIA

Sonatrach Announces Second Round of Bidding For Upstream Blocks

Chakib Khelil, Algerian Energy and Mining Minister and acting chairman of Sonatrach, announced on 23 April that the ministry is set to launch the second round of bidding for the 60 production-sharing licenses that Sonatrach plans to make available during the next five years. The present auction involves 10 exploration blocks and five fields, as follows: the 9,923sq km Cheliff Basin, the 15,306sq...