Algerian state firm Sonatrach is in final negotiations with an unnamed international oil company (IOC) to award a shale gas PSC. Either US firm Anadarko or Canada’s Talisman appears to be the firm in question.
The planned shale block award would take place outside of Algeria’s forthcoming bidding round for 31 blocks, a source familiar with the talks tells MEES. (CONTINUED - 665 WORDS)
