In what way will the new hydrocarbons law encourage foreign partnerships?
Energy
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Interviews & Viewpoints | OBG talks to Abdelhamid Zerguine, CEO, Sonatrach from The Report: Algeria 2012
Articles & Analysis | Laying down the law: New hydrocarbons legislation is expected to provide a much-needed tax break from The Report: Algeria 2012
After three rather disappointing bidding rounds and increasingly lacklustre interest from international oil and gas companies, Algeria’s minister of energy and mines, Youcef Yousfi, declared towards the end of 2011 that the country needed to review its hydrocarbons legislation. Algeria’s Council of Ministers approved changes to its 2005 Hydrocarbons...
Interviews & Viewpoints | OBG talks to Youcef Yousfi, Minister of Energy and Mines from The Report: Algeria 2012
How can Algeria reduce consumption of fossil fuels and develop sources of renewable energy?
Articles & Analysis | A rich vein: Developing mineral resources in conjunction with international partners from The Report: Algeria 2012
Although it is well known as a major player in the global oil and gas industry, it is Algeria’s mining sector that is now in the spotlight, with the country expected to benefit from recent legislative and regulatory changes, as well as increasing government backing. Mining has long been considered an important basis for industrial development and is...
Articles & Analysis | Added momentum: Legal changes should boost foreign interest, while development of shale and renewables is in the works from The Report: Algeria 2012
Given its substantial oil and gas reserves, Algeria has maintained its position as a major global player in the hydrocarbons sector. Of all the oil exporters in the world, Algeria ranks 16th, with most of its oil heading to the US and Europe. Algeria is the fourth-largest crude oil producer in Africa, with an estimated 12.2bn barrels of proven...
Oil and gas represent an important but slowly declining source of Malaysia’s exports and government revenues. Projected to become a net importer of both fuels by 2017, Malaysia is seeking to boost both upstream and downstream capacity, develop expertise in oilfield services, and promote renewable energy. The government has offered tax incentives for projects that use enhanced oil recovery (EOR)...