Algeria Bid Round 2024
Summary by LEX Africa
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Algeria Bid Round 2024
On 14 October 2024, the National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT) officially launched the long-anticipated Algeria Bid Round 2024 during the NAPEC, North Africa’s largest oil and gas conference and exhibition. This marks Algeria’s first bid round since 2014 and the first under the Hydrocarbon Law No. 19-13 of 11 December 2019, which aims to create a more competitive and flexible investment framework. Key points to no…
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