Algeria is Preventing Assets from being Sold to the Total Group

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Algeria is Preventing Assets from being Sold to the Total Group
Algeria is Preventing Assets from being Sold to the Total Group

Algeria has blocked the Occidental Petroleum’s (OX.N) agreement to sell the state-owned Sonatrach to Total.

Muhammad Arkab said that the agreement, which provides a wider sale of Anadarko assets, is incompatible with Algerian legislation.

The law aims to increase oil and natural gas production, which is an important source of revenue.

CENTER FOR AFRICAN STUDIES

Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.

AFRICA OBSERVATORY

Africa Observatory is one the publishing of AFRAM and it has been published each two weeks. It has been delivered to different institutions via e-mail.



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