Following Europe’s unpopular attempt to develop its own shale reserves, its attention has now been shifted to Algeria which is using tax breaks to attract investments in its exploration and pipelines lying under the Mediterranean makes Europe much more eager. Algeria has already concluded shale exploration agreements with Eni SpA (ENI), Royal Dutch Shell Plc […]
The European Parliament on Wednesday approved a plan to lend Tunisia €500 million on favorable terms to help it reduce its external debt and consolidate its democratic mechanisms. The plan was backed by 561 votes to 76, with 42 abstentions. Rapporteur of the debate Marielle De Sarnez (ALDE,FR) emphasized that it is “a loan which […]
At the opening ceremony of the two-day National Conference on External Trade taking place at the Palais des Nations in Algiers, Prime Minister Abdelmalek Sellal said the drastic fall of oil prices gives “a valuable opportunity” to the county “to review the situation of its trade to radically and progressively end dependence on hydrocarbons.” Algeria’s […]
