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Article: Algeria - How To Operate In Algeria.(foreign oil company opportunities)
- Article from:
- APS Review Oil Market Trends
- Article date:
- February 1, 1999
CopyrightCOPYRIGHT 1999 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The key for a foreign oil company operating in Algeria is to be lean and flexible enough to stabilise in instability. Mobility must be high to the extent that the company must evacuate staff immediately as it perceives danger. Stabilising in instability also means that the company must be large enough to sustain a periodic loss in this country and make it up elsewhere, enough to return to Algeria when one of the two realities has prevailed over the other. There is a consensus among companies over the following: - If the Islamic militants come to power - a remote possibility - they would need all the money they can get from oil and gas, from foreign operators and from ...
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