Article: Algeria finds new playing field a challenge.

The oil and gas industry is playing on an entirely new field in Algeria since ratification last year of a new hydrocarbons law that removed responsibility for awarding and managing upstream contracts from state Sonatrach and gave it to a brand new agency known as Alnaft. With Sonatrach adjusting somewhat reluctantly to a new role that requires it to compete for acreage with other companies and Alnaft still finding its feet, a new exploration licensing round is unlikely to kick off before midyear. Algerian Oil Minister Chakib Khelil tells PIW that the government is nonetheless sticking to its 2010 oil output capacity target of 2 million barrels per day, up from about 1.4 ...

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