Energy and mining
Article 61
The aims of cooperation in the energy and mining sectors shall be: (a) institutional, legislative and regulatory upgrading to ensure that activities are regulated and investment promoted; (b) technical and technological upgrading to prepare energy and mining companies for the requirements of the market economy and competition; (c) the development of partnerships between European and Algerian companies in the activities of exploration, production, processing, distribution and services in the energy and mining sectors. The priority areas of cooperation in this respect shall be: — adaptation of the institutional, legislative and regulatory framework of activities in the energy and mining sectors to market economy rules by means of technical, administrative and regulatory assistance, — support for efforts to restructure public enterprises in the energy and mining sectors, — building partnerships in the areas of, — oil and gas exploration, production and processing, — electricity production, — distribution of petroleum products, — production of equipment and services used in the production of energy products, — developing and transforming the potential of mining, — development of gas, oil and electricity distribution, — support for the modernisation and development of energy networks and for their linking to European Community networks, — the setting-up of databases on the mining and energy sectors, — the support and promotion of private investment in energy and mining sector activities, — the environment, the development of renewable energies and energy efficiency, — the promotion of technology transfers in the energy and mining sectors.