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Energy law due in new year

The state's new law governing the award and regulation of oil and gas contracts will become fully effective in early 2007, say officials in Algiers. 'Many of the application texts have been finalised and others are with the government secretary-general to be finalised,' says Sid Ali Betata, head of Agence Nationale pour la Valorisation des Ressources en Hydrocarbures (Alnaft).'Staffing is almost complete and recruitment is under way for the remaining positions. 2007 will ...

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