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    National Investment Fund takes control of OTA-Djezzy after six years of negotiations

    February 1, 2015

    Six years after the beginning of negotiations pursuant to the pre-emptive right, Algeria has just acquired, through the National Investment Fund (FNI), a 51% stake of the capital of OTA-Djezzy for 2.6 billion USD.


    The Finance Ministry said in a statement"...

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    This is what first evaluations of Algeria's shale gas reveal

    February 1, 2015

    Algeria possesses 4,940 trillion cubic feet (TCF) of shale gas reserves, including 740 TCF are recoverable on the basis of a 15% recovery rate, indicate the assessments by Sonatrach and international oil companies pin five Sahara basins, a source at oil group told APS.


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    Shale: International Gas Union for objective assessment of environmental concerns

    February 1, 2015

    The Environmental concerns over shale gas exploitation in the world need to be evaluated in a "rational and objective" manner, which should lead to operational and regulatory approaches ensuring the development of this energy source, says the International Gas Union (IGU).


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    Perception of shale risks 'often excessive,' says expert Perrin

    February 1, 2015

    The perception of risks attributed to shale gas is "often excessive," as the oil industry has means to control these risks as long as adequate measures are taken, oil expert Francis Perrin said in an interview with APS.


    "Now, there are means to work"...

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