Algerian reforms aimed at boosting shale gas production

Algeria, the largest natural gas producing country in Africa, is overhauling its laws in order to halt the decline of gas production that has stagnated for more than a decade, reports Business Insider. The business news site says Algeria, estimated to hold the world’s third-largest shale gas reserves, has experienced “a long gradual decline in both oil and gas production” because of delays in drilling and infrastructure projects. As a result, the Algerian government has reformed its energy laws in order to attract international investment in shale projects. For more, read the full story.