Algerian tax incentives introduced during the year

Algerian Energy and Mines Minister Yusuf? Eustace non-September 24 has revealed that the new legislative amendments being adjusted, the proposed introduction of preferential tax policies to attract foreign investment shale gas  fields. Windfall tax will be based on (shale gas) yield the amount of grading charged oil revenue tariff will be based on the degree of difficulty and risk of developing the number treated differently.
GDF Suez Vice President Jean - Marie? Much heat that the Algerian policy direction is right. "So that we will have an incentive to develop these inherently more complex  unconventional gas  resources." How hot said.
Mediterranean Energy Watch pointed out that the increasing demand for natural gas in North Africa native, may limit their ability to export growth. Allegedly, 2030, North Africa, natural gas demand is likely to double, up to 210 billion cubic meters / year.
France's Total Corporate Strategy and Business Development Senior Vice President Germany? Lango Wang believes that Algeria shale gas has good geological conditions. "The country has a large number of source rock resources, but also need to demonstrate whether the commercial exploitation of these resources value." Lango Wang explained.
General Manager of the Algerian state oil company Sonatrach Sariputta that the next few years, Algeria to play at least 400 test wells,frac sand in order to identify where underground shale gas resources with commercial sexual exploitation. Sonatrach will spend $ 80 billion five years for shale gas exploration.
A Ministry of Energy and Mines said that as shale gas development is still in its early stages, it can be predicted that A can not be achieved by 2020, large-scale development of shale gas. But Afghan and down on shale gas prospects, Afghan stable political environment also provides an opportunity to achieve this goal. Analysis pointed out that despite the 2014 Algeria faces an election, but incumbent President Abdelaziz Bouteflika step down the chance is very small.