80 likes | 419 Views
NOT AN OFFICIAL UNCTAD RECORD. MINISTRY OF ENERGY AND MINES ALGERIA. Energy, Mining , & Hydrocarbons Reforms of Algeria D r Sid-Ali BETATA President of ALNAFT AGENCY . 10 th Africa oil & Gas , Trade and Finance Conference & Exhibition, 2nd, 5th April, 2006, Algiers. Introduction.
E N D
NOT AN OFFICIAL UNCTAD RECORD MINISTRY OF ENERGY AND MINESALGERIA Energy, Mining, & Hydrocarbons Reforms of Algeria Dr Sid-Ali BETATA President of ALNAFT AGENCY 10thAfrica oil & Gas, Trade and Finance Conference & Exhibition, 2nd, 5th April, 2006, Algiers
Introduction • Adapt the Mining & Energy sector to free market conditions without discrimination Private / Public operators, National/Foreign. • Tree new LAWS : • Mining Law in 2001, • Electricity Law in 2002, • Hydrocarbons Law in 2005. • Reforms according Government program. • International, Regional and Local Contexts.
International Context • Globalization, • Political & economic liberalization, • Regional Economic Blocks, • Merging majors oil Companies, • Environmental protection, • Technologies, • Countries competition.
Regional Context • U.M.A (Arab Maghreb Union), • Arab World, • Africa, • Europe Environment,
Local Context • Rate of economic growth, • Financial market, • Confusion of roles (State and Public enterprise) Conflicts of interests, • Public enterprises effeciency and long term development,
Hydrocarbons reforms Objectives (1) • OPENING HC ACTIVITIES : COMPETITION IN A FREE MARKET, • SET TRANSPARENCY IN CONTRACT AWARD, • CLARIFY, SEPARATE GOVERNMENT AND PUBLICS ENTERPRISES ROLES
Hydrocarbons reforms Objectives (2) • PROVIDE CLEAR, SIMPLE, COMPETITIVE FISCAL REGIME & CONTRACTUAL CONDITIONS, • IMPROVE ENVIRONMENTAL STANDARDS, • DECONTROL PRICES,
NEW ORGANISATION OF THE SECTOR COUNCIL OF MINISTERS POLITICAL AUTORITY MINISTRY IN CHARGE OF HYDROCARBONS PROPOSE, GET APPROVALS AND IMPLEMENT POLICY OF SECTOR REGULATORY AUTHORITY NATIONAL AUTHORITY FOR CONTROL & REGULATION OF HYDROCARBON SECTOR ACTIVITIES ALNAFT NATIONAL AGENCY FOR HYDROCARBON RESOURCES VALORISATION