Algeria oil and gas licensing round planned for fourth quarter, source says-February 2024-www.financetom.com

Algeria oil and gas licensing round planned for fourth quarter, source says

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Algeria oil and gas licensing round planned for fourth quarter, source says

Jul 9, 2024 1:34 AM

ALGIERS, July 9 (Reuters) - Algeria will hold its next

oil and gas exploration licensing round in the fourth quarter of

this year, a source at Algeria's national agency for development

of hydrocarbon resources (ALNAFT) told Reuters.

Companies including Exxon Mobil ( XOM ), Chevron ( CVX ),

ENI and Sinopec have already signed preliminary

agreements with Algeria in the past few months.

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