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Jan 21, 2013 | 18:05 GMT

Algeria: Parliament Approves Amendments To Energy Law

The Algerian Parliament approved amendments to its hydrocarbons law that will offer foreign energy firms easier tax terms and other incentives, Reuters reported Jan. 21. The amendments offer incentives to foreign companies that want to invest in shale gas and shale oil. This move comes two days after the end of a hostage crisis at an Algerian natural gas plant.

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