Insight
Can Algeria’s new Hydrocarbon Law revive activity?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Algeria published a new Hydrocarbon Law in December 2019. The new law offers lower royalties, lower taxes and greater contractual flexibility, all designed to tempt back investors. In this insight, we analyse the key fiscal changes and how Algeria now compares with its neighbours. Do the new terms affect existing production and deter investments in economic projects. Will the new terms be enough to bring companies back to Algeria?
Table of contents
- Executive Summary
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The need for change
- Increased flexibility and reduced complexity
- How do the new terms compete with other North African regimes?
- Do the new terms deter investments in economic projects?
- Has Algeria managed to balance its fiscal terms with prospectivity?
- Does the new law affect existing production?
- Other bureaucratic hurdles
- Conclusion
- Appendix - Fiscal Terms
Tables and charts
This report includes the following images and tables:
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Licensing history in Algeria2005-07 hydrocarbon law fiscal termsNew '19-13' hydrocarbon law fiscal terms
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New '19-13' hydrocarbon law vs 05-07/13-01 hydrocarbon lawComparison of state share – oilComparison of State Share – gasAlgeria fiscal deterrenceFiscal attractiveness v/s prospectivityNorth Berkine project economicsTimimoun project economics
What's included
This report contains:
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