South Korea’s Samsung Heavy Industries (SHI) has signed a landmark $637 million deal to build a floating liquefied natural gas (FLNG) facility for a European client operating in Mozambique, reinforcing Africa’s rising profile in global energy markets. The state-of-the-art Coral Norte FLNG platform, to be constructed offshore, will liquefy, store, and export natural gas directly […]
Algeria is a tinderbox waiting to implode in light of the existence of a dangerous mix of economic instability, radical Islamism and growing youth unrest, which make the north African country on the brink of a new revolt, US magazine, the National Review, wrote on its website. In an article entitled, “Will the Next Arab […]
The European Union (EU) has denounced “restrictive measures imposed on bilateral trade” without prior consultation with the EU, says a report released on the occasion of 10th session of Algeria-EU Association Council convened Monday in Brussels. In January 2016, Algerian authorities required import licenses for certain European products such as cars, cement and concrete. These […]
