Algiers, Algeria, April 19, 2026 (AFP) - Algeria issues new call for foreign oil and gas bids

NAMPA / AFP
2026-04-19
Algeria launched a new call for international bids for hydrocarbon concessions on Sunday, with global energy markets under extreme stress from the war in the Middle East. Oil and gas prices have soared since the US-Israeli war on Iran broke out, driven up by the closure of the Strait of Hormuz -- a major conduit for petroleum shipments -- as well as damage inflicted on Gulf energy infrastructure. The "Algeria Bid 2026" call for tenders, the secon......
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