Algeria hopes to have energy law ready by first half of 2019 - Sonatrach CEO

Algeria hopes to have energy law ready by first half of 2019 – Sonatrach CEO

Algeria hopes to have energy law ready by first half of 2019 - Sonatrach CEO

Algeria wants to have a new energy law ready by the first half of 2019 and might use Mexico’s legislation as inspiration, the CEO of state energy firm Sonatrach has said.

The North African OPEC member has been preparing changes to its hydrocarbon law in a bid to attract foreign investors that have stayed away in recent years, citing bureaucracy and tough terms.

For more information, please see https://af.reuters.com/article/commoditiesNews/idAFL8N1WW51R

Leave a Reply

Your email address will not be published. Required fields are marked *

We take processes apart, rethink, rebuild, and deliver them back working smarter than ever before.