Bronco Lane on the PCI trail

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Bronco Lane - Tue, 26 Dec 06 :

Monday, 25 December 2006

Algeria’s Energy Growth

According to reports last received, Algeria has over 12 billion barrels of proven oil reserves. Exploration over the past few years has led to the discovery of more oilfields and the proven oil reserve estimates could increase in coming years. This will provide a great thrust to the economy more so as the fall in domestic oil consumption in Algeria is being substituted by natural gas.

..true but can PCI do a deal???...or will Sonotrach dominate..?..Time to pause, think hard and decide methinks... at least under the present climate.

"Should I stay or should I go"..the answer my friends is obvious...

Bronco..


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