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- W2378673670 abstract "Algeria is known as Oil Storehouse in North Africa. Although China has begun its energy cooperation with Algeria only recently, it has gained considerable achievements, embodied by six main projects, one of which is Zarzatine oil development project for SINOPEC. The others are for CNPC, such as Adrar integrated upstream/downstream project, oil-gas exploration project at Blocks 102A, 112 in Cheliff Basin and Blocks 350, 438B in Oued Mya Basin, Octouat project, the condensate refinery project in Skikda. The favorable factors for Sino-Algerian energy cooperation have been concentrated on the increasing enhancement of bilateral economic and political relationships, the complementarity of the bilateral energy cooperation, the continuous improvement of political and economic situations in Algeria, as well as the stipulation of its new oil-gas laws. However, Sino-Algerian energy cooperation will also be faced with many challenges, including the strong historic ties and the intimate political and economic relationships between EU and Algeria, the growing investments by US in Algeria's energy field, the potential instability of economic growth of Algeria caused by its single industrial structure, as well as the restrictions and additional taxation imposed by the Algerian government on foreign companies investment in its oil-gas industry." @default.
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- W2378673670 date "2007-01-01" @default.
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- W2378673670 title "Energy Cooperation between China and Algeria" @default.
- W2378673670 hasPublicationYear "2007" @default.
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