Algiers denies turn to resource nationalism but boosts state role

Algerias decision to amend key clauses of its 2005 hydrocarbons law to give Sonatrach a majority equity stake in every E&P contract and pipeline project, while imposing tougher tax rates wasnt exactly Chavez style resource nationalism. But Bouteikas move does reect the mood of the times, with national interest rising up a global agenda at the expense of more liberal values, write Jon Marks, Lys Sahar and Selwa Calderbank.