Sonatrach chief Said Sahnoun insists that plummeting oil prices won't affect the Algerian state firm's multibillion-dollar upstream investment plans-, saying they are based on oil at $70 per: barrel-But the truth is that Algeria has difficulty translating objectives into results, and the oil price plunge could make it even harder to attract the foreign investment it needs to meet its production targets and hoist reserves.
展开▼