Algeria’s Gas Exploration Program Challenged by Tough Economic Reality
Oil and gas exploration is likely to go through a sluggish period in the foreseeable future. And Algeria is already testing this theory.
The outcome of its auction of gas exploration licenses that took place in mid December 2008 fetched very little interest, with only $272 million committed by foreign companies, through four contracts only. Read here or subscribe here.
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Comments (4 posted):
This is possible and feasible ; reform the schools, universities, companies, army and research centers in order to make them of high-quality.
An industrious and modern Algeria is feasible.
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