Middle East Economic Survey

VOL. LIII

No 37

13-Sep-2010

ALGERIA

Algeria Launches Upstream Bidding Round Amid Intense Scrutiny

Algeria launched on 2 September its ninth upstream bidding round, with 10 offerings covering five different basins. The round is the first major upstream initiative by the new leadership at the Ministry of Energy and Mines and state-owned Sonatrach following a major upheaval earlier in the year, which saw the sacking of former minister Chakib Khelil and virtually Sonatrachs...