Global Oil and Algeria (fwd)

["Clement M. Henry" <chenry@mail.la.utexas.edu>]

Here is a book that may be on my reading list - anyone interested in
Algerian oil will find an exhaustive and balanced analysis.

*****************************
Clement M. Henry
Professor of Government
University of Texas at Austin
Austin TX 78712
tel 471-5121, fax 471-1061

---------- Forwarded message ----------
Date: Mon, 02 Sep 2002 11:04:47 +0100
From: Ali AISSAOUI <ali.aissaoui@oxfordenergy.org>
To: DeepInsights@GlobalOil.Net
Subject: Global Oil and Algeria

Global Oil and Algeria
In recent years a debate has raged within OPEC countries about the
significance of property rights, the governance structure of oil and gas
and whether or not re-admitting private investors upstream, under new
liberal - non-proprietorial - regimes, will generate more wealth for the
producing nations.
        A similar debate is taking place in Algeria. It relates to
proposals by the current administration for full liberalisation of the
oil and gas sector. As these sweeping reforms are coming up for a
critical debate within the newly elected and FLN-dominated parliament,
Algerian lawmakers are expected to focus their deliberations on the
following key issues:

1. State ownership and the extent of private investors’ access to oil and
gas resources;

2. Enforcement powers of the new institutions for licencing, regulation
and control;

3. Royalty rates, income taxes and the resulting government take;

4. Revenues from direct participation by the state in addition to
taxation;

5. Pro-rationing and stability/incentive of the new fiscal system;

6. Institutional and commercial framework for gas sales and exports;

7. Future role and status of Sonatrach within the new governance
structure.

To gain more insights into the underling policy debate, read AISSAOUI,
Ali; Algeria: The Political Economy of Oil and Gas, Oxford University
Press (2001), pp. 312 pages + xxiv, 40 tables, 30 figures, 4 maps, index,
ISBN 0-19-730027-8, £29.50.

This book can be ordered by writing to the Oxford Institute for Energy
Studies, 57 Woodstock Road, Oxford, OX2 6FA, UK, or by faxing to: +44
1865 310527; or by e-mailing to publications@oxfordenergy.org; or online
through the OIES secure server www.oxfordenergy.org. The book is also
available from the publisher, traditional bookshops and e-bookstores.