Petroleum partnership in Algeria: Investment conditions ensures equitable sharing of risks, benefits

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Minister of Energy Mustapha Guitouni said, Monday in Oran, that investment conditions in petroleum partnership in Algeria ensure equitable sharing of risks and benefits.

“The investment conditions  ensure a fair and equitable sharing of risks and benefits,” said Guitouni, in his opening address at the 11th Sonatrcah Scientific and Technical Days (JST 11), which are held from 16 to 19 April at the Oran Convention Center (CCO).

“These conditions, which are currently being improved, will notably enable the adoption of more incentive measures for exploration and deposit production activities with Algeria’s partners,” he added, reaffirming the determination of Algeria to “strengthen its relations with its partners”.

The opening ceremony was attended by the Minister of Environment and Renewable Energies, Ms. Fatima-Zohra Zerouati.




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