Algeria receives another licensing round jolt

Issue 178 - 12 Jan 2010 | 4 minute read

Algiers received just six offers and awarded only three of the ten perimeters on offer in the second licensing roundto be managed by industry regulator Agence Nationale pour laValorisation des Resources en Hydrocarbures (Alnaft). Theresults, announced on 20 December, were little better than in December 2008,when four perimeters out of 16 were awarded in the first Alnaft round. Alnaft reported that “36 companies had attended the data rooms resulting in 134 consultations”. But this level of interest (much lower than in the 2008 round) did not translate into the hoped for pile of bids.

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