ExxonMobil and Chevron are in final negotiations with Algeria, with technical parameters settled and commercial clauses dominating the talks.
Algeria is pushing a hybrid contract model balancing national control with foreign investment, while disputes remain over fiscal stability.
This note explores Algeria’s negotiations with U.S. firms, including:
- Sonatrach’s proposed fiscal model
- Challenges and issues between the parties involved
- U.S. stance on the deal
- Sonatrach’s fallback plan if the agreements fail
