Algeria Raises Questions About Total Deal

摘要

Algeria says it is seeking a “good compromise” with Total about purchasing Anadarko Petroleum’s assets in the North African country - a day after saying it might block the sale. The confusing signals come as Algeria finds itself in a period of profound political uncertainty. Energy Minister Mohamed Arkab told reporters that “Sonatrach needs to maintain good ties with foreign partners to develop its programs … Sonatrach will seek a good compromise.” He was speaking during a visit to the Tindouf gas field where the state-owned producer has just announced a recent gas and condensate discovery.