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Libya boosts electricity capacity
A deal worth €250 million has concluded between Alstom SA and General Electricity Company of Libya (GECOL) to boost Libya’s energy and power supply capacity. The French based company which focuses on the manufacturing of power equipment and trains will be supplying the Libyan general electricity company with equipments for 11 gas turbines. These new […]
Algeria : Will Peugeot Plant Project Ever See the Light of Day ?
While Moroccan car industry moves up gear, gaining momentum, creating more jobs and attracting more investment, neighboring Algeria has apparently failed to convince automaker PSA Peugeot Citroen to install in the oil & gas rich country which is plunging in political crisis and socioeconomic turmoil. During the latest visit of French Prime Minister Manuel Valls […]
Algeria’s Sonatrach to lose fuel contract monopoly in Lebanon
Lebanon has decided to diversify its oil suppliers from 2021 after main supplier, Algeria’s Sonatrach, was accused of providing the Middle East country with adulterated fuel. Lebanon Energy Minister Raymond Ghajar told Bloomberg that the Lebanese government has opted to multiply for the next coming three years its fuel suppliers. “We would prefer to have […]



