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Unlocking potential

The successful passage of the hydrocarbons bill through Algeria’s upper house on 31 March brings the country to within a penstroke of what Energy Minister Chakib Khelil once described as the most radical shake-up of the sector since its nationalisation in 1971. Intended to transform state energy company Sonatrach into a commercial entity and further open up the oil and gas sector to international competition, the bill was first drawn up in 2001, but was abandoned two years later due ...

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