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No Contract Signed on Shale Gas Exploitation in Algeria

Source: Algeria Times 6/7/2014, Location: Africa

Algeria has signed no contract on the exploitation of non-conventional hydrocarbons, affirmed in Algiers Prime Minister, Abdelmalek Sellal, stressing that the recently signed contracts covers only the exploration.

"The new hydrocarbon law includes all necessary measures for the protection of the environment," he said in response to members of the National People's Assembly (Lower House) at the end of the debate on the government plan action.

According to him, the new law provides for the protection of groundwater resources.

In the same regard, the PM asked the deputies not to remain prisoners of the erroneous economic visions, stressing that the exploitation of shale gas must be made in long-term prospect and that Algeria is training the human resource necessary to the exploitation of this energy source.

Concerning the chemicals used in the exploitation of the unconventional hydrocarbons, Sellal that they are the same products used in detergents and in the production of baby diaper.

For more information about related Opportunities and Key Players visit Algeria Oil and Gas Projects

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Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Related Articles: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 


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