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ALGIERS- The government examined, during its meeting chaired Tuesday by Prime Minister Abdelaziz Djerad, two draft executive decrees defining the procedures for obtaining authorizations to construct structures for pipeline transportation of petroleum products, and a pipeline transportation system.

Published in Economy

ALGIERS- The government examined at a meeting chaired by Prime Minister Abdelaziz Djerad, Wednesday, two draft executive decrees setting the procedures for applying for a pipeline transport concession and arrangements for the allocation of hydrocarbon quantity in operating parameters where production is processed at a shared processing facility.

Published in Economy

ALGIERS – Prime Minister Abdelaziz Djerad, chaired on Wednesday a government meeting by video-conference, devoted to the examination of two draft executive decrees defining the rules of conservation of hydrocarbon deposits and the modalities of issuing mining titles for hydrocarbon exploration and exploitation activities.

Published in Economy

ALGIERS- Minister of Energy and Mining, Mohamed Arkab, stressed Sunday in Algiers the need to pursue efforts with a view to renewing hydrocarbons reserves and increasing production, said the ministry in a communiqué.

Published in Economy

Djerad starts visit to Hassi R'Mel, Laghouat

Wednesday, 24 February 2021 11:54

HASSI R'MEL (LAGHOUAT)- Prime Minister Abdelaziz Djerad started Wednesday a visit to Hassi R'Mel, province of Laghouat (400-km south of Algiers), as part of the celebration of the 50th anniversary of the nationalization of hydrocarbons and the 65th anniversary of the creation of the General Union of Algerian Workers.

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ALGIERS- The new law on hydrocarbons, adopted in 2019 but not implemented yet, will help make new discoveries, said Tuesday Director of Regulation and Legal Studies at the Ministry of Energy, Amirali Amir.

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ALGIERS- The government examined Wednesday two draft executive decrees relating to hydrocarbons tax revenues (TRP), besides tax on remuneration of foreign contracting partners, said the Prime Minister’s office.     

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ALGIERS- National oil company Sonatrach and international oil and gas company OMV signed a memorandum of understanding (MoU) to engage in discussions in order to identify possibilities for both sides to invest jointly in exploration, development and production operations of hydrocarbons in Algeria, said Thursday a communiqué of Sonatrach.

Published in Economy

ALGIERS-  The Sonatrach Group and the Russian company Lukoil, have signed a memorandum of understanding (MoU) to initiate talks with a view to identifying the possibilities for the two parties to invest jointly in the exploration and production operations in Algeria, said a statement from Sonatrach on Monday.

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ALGIERS- The National Hydrocarbon Company Sonatrach has signed two Memoranda of Understanding (MoUs) with the Russian company Zarubezhneft and Turkish company Turkiye Petrolleri Anonim Ortakliôi (TPAO), it announced in a communiqué.

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