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Algero-Japanese Joint Economic Commitee( 4 th Meeting) Algiers,18 th December 2002

Algero-Japanese Joint Economic Commitee( 4 th Meeting) Algiers,18 th December 2002. Structural Reforms : Mining, Hydrocarbons and Electricity Sectors. Presented by M.Khaled Boukhelifa,Director General at the Ministry of Energy & Mines. Government Objectives.

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Algero-Japanese Joint Economic Commitee( 4 th Meeting) Algiers,18 th December 2002

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  1. Algero-Japanese Joint Economic Commitee( 4th Meeting) Algiers,18th December 2002 Structural Reforms : Mining, Hydrocarbons and Electricity Sectors Presented by M.Khaled Boukhelifa,Director General at the Ministry of Energy & Mines

  2. Government Objectives  Optimize and Diversify State Revenues  Create Employment • Introduce competition  Attract National and International Investors 1

  3. Actions Program (1)  Séparate State and Commercial Roles  Create Legal and Institutional Frame work • Open and Competitive Market Economy  Strong Regulatory Institutions 2

  4. Actions Program (2)  Regulate Natural Monopoly  No State Garantees(Finances)  New Procedures to Grant Contrats 3

  5. Actions program (3)  Concession Transport/Storage Facilities  ATR Transport/ Storage Facilities  Amendments Law/Rules/Companies Statutes : Mining/ Hydrocarbons/ Electricity 4

  6. Legal Framework : Mining law Develop Mining Potentiel  Increase Revenues  Create Jobs •  Incentives : ­ No discrimination between investors ­ Access to information ­ Title Rights Transfer ­ Fiscal System Stability 5

  7. Legal Framework : Electricity law  Attract Private Investments  Introduction of Competition  State Responsible for Public Service  Suppression of Monopoly  Export of Electricity 6

  8. Legal Framework : Hydrocarbons law(Draft)  Attract Investments  Increase State Revenues  Separate Roles of State and NOC  Strengthen Sonatrach 7

  9. Creation of Regulatory Entities  Mining Investment Promotion Regulations Enforcement Hydrocarbons Investment Promotion Regulations Enforcement Electricity Electricity and Gas Distribution(CREG) 8

  10. Investment in Electricity Sector 2000-2010 Investment (Billions US $99) 12.2  Production of Electricity 5.4  Transport of Gas and Electricity 3.7  Distribution of Gas and Electricity 3.1 9

  11. Investment in Hydrocarbons Sector2002-2006 Investment (billions US $)22  Upstream 15  Pipeline Transport 2  Downstream 5 10

  12. Implementation of the processus of Reforms(1)  Mining: • 160 licences of exploitation of small and medium mines were awarded • Agreement with world known partners for E&E for gold were concluded • The creation of the joint-company (ISPAT) in the field of steel 11

  13. Implementation of the processus of Reforms(2) • Electricity&Water desalineation 2000 MW of which 1200 for export with a direct electrical connection Algeria-Spain  Similar project interconnecting Algeria to Italy via Sardigna Arzew: Power generation (300MW) coupled to a dessalineation plant(90.000 m3 /d Skikda:Power generation plant 600/ 800 MW Algiers dessalineation plant:200.000 m3/d 12

  14. Implementation of the processus of Reforms(3) • Hydrocarbons •  New procedures E&P:2phases-easy &transparent process • 10 partnership contracts (2001)&10(2002) •  Direct connections Algeria-Europe • - Gazoduc Algeria-Spain:Faisabilité study completed.Second phase 1st Q 2003 13

  15. Comparative Advantages of Algeria  Associate member of European Union  Natural and Human resources  Strategic Position  Emerging Democracy  Well Advanced Reforms  Rich Portfolio of Projects  Economic Ties with European Countries •  Adhesion to WTO underway 14

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