New Developments in the Algerian Petroleum Industry: The Algerian Hydrocarbons Law (2005)
Article from: OGEL 3 (2005), in Roundup of Articles
The petroleum industry has been much in the news lately with tightness of refinery capacity, the widening light-heavy spread, new LNG initiatives, a wave of mergers and acquisitions (including the excitement surrounding First Calgary Petroleums and its assets in Algeria) and efforts by countries and companies alike to increase production in order to take advantage of record-breaking petroleum prices. Algeria appears to have timed the passage of its new Hydrocarbons Law to take advantage of this positive economic environment. It is now up to the petroleum industry to make the most ...