Article length: 334 words

Rosneft in Algeria

The Russians may be coming, but what will they do when they arrive? While Rosneft is advancing in Libya and Egypt, it is retreating in Algeria, demonstrating that the use of geopolitical leverage to advance commercial deals – or vice versa – is not guaranteed to succeed. On 9 January, the Moscow-based daily Kommersant cited a source who claimed that the company was attempting to sell its 50% stake in the Gara Tesselit (245 South) perimeter to Sonatrach.

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