Middle East Economic Survey

VOL. LIII

No 41

11-Oct-2010

ALGERIA

Russian Firms Eye BPs Algeria Gas Assets

Russian firm TNK-BP has declared an interest in buying BPs share of Algerian gas assets. We would like the fate [of the Algerian assets] to be decided positively, agencies reported TNK-BP acting chief executive Mikhail Fridman as saying during a visit to Algiers on 6 October. Russian Minister of Energy Sergei Shmatko, also in the delegation headed by Russian President Dmitry Medvedev,...