Algeria energy minister Mohamed Arkab says that Algeria may look to pre-empt the sale by Occidental (Oxy) to Total of Anadarko’s Algeria assets.
Algeria has yet to be officially informed of an $8.8bn side-deal that would see Oxy sell Anadarko’s Algeria and other Africa assets to the French firm as part of its overall $57bn purchase of Anadarko (MEES, 10 May). (CONTINUED - 618 WORDS)