The Algerian Agency for Hydrocarbon Resources (ALNAFT) announced today the awarding of exploration and production licenses for five southern sites under the "Algeria Bid Round 2024" international tender. The announcement came during the bid opening and evaluation session held at the Ministry of Energy and Mines.

License Awards:

1. Ahara Site (Illizi Province):

   • Consortium: Qatar Energy & TotalEnergies

2. Reggane 2 Site (Adrar Province):

   • Consortium: ENI (Italy) & PTTEP (Thailand)

3. Zarafa 2 Site (Adrar/Ain Salah):

   • Company: Sinopec (China)

4. Toual 2 Site (Ouargla/Illizi):

   • Consortium: OMV (Austria) & Villada (Switzerland)

5. Qarn Qsaa 2 Site (Bechar, Beni Abbes, El Baydh, Timimoun):

   • Company: Sinopec (China)

No bids were received for the "Grand Mazaid" area (Mya Basin).

Ministerial Statement:
Energy Minister Mohamed Arkab emphasized:
✓ "The tender's success reflects Algeria's improved energy investment climate"
✓ "Legal reforms have created stable, secure operating conditions"
✓ "Awarded sites offer promising geological potential and developed infrastructure"

Strategic Context:

• Part of Algeria's 5-year energy development plan

• Received 7 bids covering 5 of 6 offered sites

• Aims to boost hydrocarbon reserves and foreign investment