Algeria Oil and Gas Report Q2 2013

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Algeria Oil and Gas Report Q2 2013 Mar 27th 2013, 00:00 BMI View: Adoption of new hydrocarbons regulation in January 2013 could spur exploration in Algeria inthe coming year, especially in offshore and unconventional acreages. We are nonetheless sceptical aboutthe tax reform, which could prove burdensome for oil and gas producers. The next short-term challenge forAlgeria will be to alleviate the security concerns created by the In Amenas attack.The key trends and developments in Algeria''s oil & gas sector are:? There were three main developments in Algeria''s hydrocarbons sector over the past quarter. Firstly, the InAmenas plant and Ain Chikh pipeline attack. Secondly, the adoption of the 2013 Hydrocarbon law,revampi...

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