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29 November 2018

The Algeria interview: Arezki Hocini, president, ALNAFT

The agreement signed in late October between Sonatrach, Eni and Total for offshore exploration in Algeria was a key milestone after years of under-investment in the country’s upstream sector. Eni also decided to take 49% of three gas and condensate blocks in the North Berkine basin, as part of farm-in deals with IOCs to develop peripheral fields. But investments in new, large-scale projects have yet to materialise. In an exclusive interview with Gas Matters, Arezki Hocini, president of upstream regulator ALNAFT, explains how it is working to regain trust from IOCs and talks about the challenges it is facing in promoting Algeria’s untapped upstream.

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