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Libyan oil to Cairo on soft terms
Two senior officials in the Libyan oil ministry have claimed that Libya could be exporting $1,2 billion worth of crude oil at world prices, but on interest-free credit for a year to Egypt, in order to save the country from fuel shortages with the government finding it difficult to honor energy importation dues. These importations […]
Algeria’s Lebanon-based Sonatrach subsidiary mired in corruption, adulterated fuel
A court in Lebanon has ordered the arrest of 17 people, including the Chief of Sonatrach Petroleum (SPC), a subsidiary of Algeria’s state-run oil company, on corruption and supply of adulterated fuel charges. Judge Ghada Aoun, prosecutor at Mont-Liban court of appeal, ordered the arrest after state-run Electricity of Lebanon (EDL) lodged early this month […]
Morocco’s King lays out vision to address desertification challenges in Africa
“We are determined to combat the common enemy of desertification through coordinated, solidarity-based action”, said King Mohammed VI in a message addressed to the Summit on Drought & Sustainable Land Management which opened Monday in Abidjan. The royal message, which was read out by minister of Agriculture, Fisheries, Water and Forests Mohamed Sadiki, called for […]



