VOL. XLIV

No 49

3-December-2001

ALGERIA

AlgeriaSeen Retaining Majority Stake In Sonatrach Until Regulatory FrameworkStrengthens

TheAlgerian Government is unlikely to cede its majority shareholding in Sonatrachunder any privatization scheme until the proposed licensing and regulatorybodies are strong enough to take over the roles previously played by thecompany, according to Ali Aissaoui, former adviser to the Algerian EnergyMinistry and member of the Oxford Institute for Energy Studies. Speaking...