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Shale gas exploitation is in study phase

Monday, 02 October 2017 16:27
ALGIERS- The matter of shale gas exploitation is still in the study phase and will be "properly" addressed, Energy Minister Mustapha Guitouni told APS on Monday following the meeting of the Algerian-US Business Council.
ALGIERS-The revision of the law on hydrocarbons in force is under consideration, said Energy Minister Mustapha Guitouni.
ORAN- The law on hydrocarbons is no longer attractive to foreign investors, said Prime Minister Ahmed Ouyahia in Arzew (Oran, 431-km west of Algiers) on Sunday.
ARZEW (ORAN)- Prime Minister Ahmed Ouyahia, visiting Sunday the Petrochemical Pole of Arzew (East of Oran), considered it necessary to review the law on hydrocarbons, notably the sector experiences major change worldwide compelling Algeria to be in harmony with it.
 ARZEW- Prime Minister Ahmed Ouyahia, visiting on Sunday the Arzew Petrochemical Pole (East of Oran), said that the government encouraged investment in hydrocarbons field, notably in the shale gas, with regard to the capacities possessed by the country.
ARZEW – The revenues of the national hydrocarbon company SONATRACH are expected to exceed US$31 billion by the end of 2017, announced Sunday an executive of the oil firm during a presentation to Prime Minister Ahmed Ouyahia in Arzew (west of Algeria).
ARZEW – A total of 26 new oil and gas deposits were discovered in 2017 in the country’s north and south, according to a paper on the activities of the national hydrocarbon company Sonatrach, presented to Prime Minister Ahmed Ouyahia, on a visit Sunday to Arzew’s petrochemical hub (East of Oran).
ALGIERS- The bill of foodstuffs imports increased to USD5.9 billion over the first 8 months of 2017 (against USD5.44 billion in the same period of 2016), while that of medicines dropped by nearly 7%, the Customs told APS.
ARZEW (Algeria)- Prime Minister Ahmed Ouyahia, visiting Sunday the refinery RA1Z of Arzew, Oran (432-km west of Algiers), insisted on the necessity to make further efforts to increase fuel production.
BATNA- Minister of Agriculture, Rural Development and Fishing Abdelkader Bouazgui affirmed Saturday, in Batna, that the sector of agriculture is “at the heart of the government’s economic strategy.”

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