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Tag: hydrocarbon
DRC, Uganda in talks over use of crude oil pipeline
Talks are ongoing between the Democratic Republic of Congo (DRC) and Uganda about possible use of the east African country's planned controversial pipeline for transporting ... Read More
IMF Expresses Concern over Impact of Lower Oil on Algerian Economy
“Algeria continues to face important challenges posed by lower oil prices (…) and growth in the nonhydrocarbon sector slowed under the effects of spending cuts”, ... Read More
Algeria’s Trade Deficit Widens as Low Oil Prices Continue
The drop in oil prices has taken a heavy toll on Algeria’s budget revenues with the trade deficit expanding to 15.8 billion dollars as of ... Read More
Algeria: The country is in a “difficult” economic situation, PM Sellal
Algeria would be facing a challenging period in the upcoming years as the low hydrocarbon prices will affect the country’s income. The statement was not ... Read More
Libya urges for Indian investment
The Libyan ambassador to India, Ali Al-Issawi, said they have solicited India’s support in order to learn from its experience in drafting a constitution and ... Read More
Mauritania/Algeria: the High Joint Cooperation Commission
Noaukchott is hosting the 11th session of the Algerian-Mauritanian follow-up Committee in preparation for the 17th High Joint Cooperation Commission co-chaired by Prime Minister Abdelmalek ... Read More