Friday 19 April 2024
 
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energy law

Algeria to cancel windfall tax with new law

Algeria is considering a new energy law that would cancel a windfall tax on foreign energy firms, according to a draft seen by Reuters, in an attempt to boost foreign investment and help meet growing social demands. The windfall t

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Lebanon gas law paves way for exploration

Lebanon's parliament unanimously ratified on Tuesday a long-awaited energy law, paving the way for exploration of major natural gas reserves the country says it has off its Mediterranean coast with Israel.   The law had been

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