VOL. XXXVIIINO. 821-NOVEMBER-1994

Algeria

Sonatrach Awards Exploration Contract To South Korean Consortium AsPolitical Situation Worsens

Despite the worsening political conditions in Algeria and the escalation ofarmed conflict, Algeria's national oil company Sonatrach continues to maintain asuccessful record in attracting wide international interest in its upstreamsector. Some 12 production-sharing agreements have been signed since thepolitical violence began in early 1992, with approximately...