Plummeting oil prices and dwindling revenues prompted the Algerian government to adopt austerity measures including tax hikes and subsidies cuts leading to protests, notably in the restive south and northeast of the country. Algeria, which has nurtured a system based on generous handouts to the population taking the form of subsidies to fuel, electricity, housing […]
Gas production in the Mauritanian Banda field may start in late 2014 or early 2015, it was announced in Nouakchott earlier this week. The construction of a gas pipeline for the Banda gas field, whose reserves are estimated at 500 billion cubic feet, may be entrusted to U.K.-based explorer Tullow Oil Plc (TLW). Construction works […]
Palestinian Foreign Minister Riyad Al-Maliki praised, on Tuesday in Marrakech, King Mohammed VI’s role, in his capacity as Chairman of the Al-Quds Committee, in preserving the Palestinian presence in this Arab, Christian, and Islamic city. Al-Malki highlighted, at a joint press briefing with his Moroccan peer Nasser Bourita, following talks on the eve of the […]
