Opposition to Shale Gas: Youcef Yousfi Denounces Destabilization Attempts

Minister of Energy, Youcef Yousfi denounced here the "attempts to destabilizing" of the country, which are behind the opposition to the exploration of shale gas, recently decided by the public authorities.

Speaking to the press in the margin of an information day on the non-conventional hydrocarbons, Yousfi said that Algeria, "accused of energy nationalism "is subject to" attempts at destabilization" designed to prevent it from exploiting its hydrocarbon potential."

"It seemed essential to us that those who contribute tomould public opinion be perfectly aware where are the vital interest of the country and the attempts at destabilization," the minister said.

He added that those "attempts to demonising" the shale gas targeted the producer countries which advocate "energy nationalism" to establish their sovereignty over their natural resources.

Answering accusations of some political parties that consider that the authorization by the Council of Ministers of pilot shale drilling as a continuity of the dependency on "oil revenues," the minister declared that Algeria is compelled at average term to rely on this oil revenue to finance its development.

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