STRATA

Algeria-Iran: release of Sonatrach oil tanker seized in Strait of Hormuz

Algeria’s gas and oil company, Sonatrach, announced Sunday that Iranian authorities had freed its oil tanker one hour 15 minutes after it was forced Friday to enter Iranian territorial waters. The tanker, MESDAR, of 2,000,000-capacity, sailing in the Strait of Hormuz was asked by Iranian coastguard to enter territorial waters, on Friday. Sonatrach in a […]

Luxembourg Sends High-Level Economic Mission to Morocco on May 4–7

Morocco is set to receive a high-level economic mission from Luxembourg from May 4 to 7, led by Lex Delles, the Grand Duchy’s Minister for the Economy, SMEs, Energy, and Tourism. The visit will be accompanied by a delegation of approximately twenty Luxembourgish companies operating in multiple sectors, and marks the fourth such mission since […]

Morocco Wins EBRD Climate Resilience Gold Award

The European Bank for Reconstruction and Development (EBRD) has granted its 2018 “Climate Resilience Gold Award” to Morocco in recognition for the country’s Saïss Water Conservation Project. The project pioneers the shift from the use of unsustainable groundwater through the transfer of an average of 100 million square meters of surface water from the M’Dez […]