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You are here: Home»Markets»Energy»Middle East & Africa»TPAO to compete in Algerian oil exploration tenders

exploration3ALGIERS: Turkey's state-owned energy company TPAO plans to take part in upcoming Algerian oil exploration tenders, Turkish Energy Minister Taner Yildiz said on Saturday.

 

Algeria's last three rounds of bidding for oil and gas permits attracted lacklustre interest from foreign firms, raising questions about whether it has enough new projects coming on stream to meet growing demand.

 

Center>Copyright Reuters, 2013


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln