Morocco_EU_Spain flags

Algeria’s revenue lifeline Sonatrach in a free fall

Algeria’s main source of revenue, oil and gas company Sonatrach, has seen troubles piling up as it struggles to juggle with historically low oil prices. The company, which accounts for more than 90% of Algeria’s exports, was dealt another blow with the cancelation of a supply contract with Spain’s Naturgy. Sonatrach will be obliged to […]

Nigeria’s oil authorities expect FID on Morocco gas pipeline by year’s end

A final investment decision (FID) to build the Nigeria-Morocco gas pipeline is expected to be reached by the end of 2024, chief of state-owned Nigerian National Petroleum Company (NNPC) said. The pipeline, to cost about $25 billion, runs 7000 kilometers both on-shore but mostly offshore. “There is ongoing engagement on the Nigeria Morocco Gas Pipeline […]

Egypt says it will not accept Israeli presence on its border with Gaza

A media outlet close to the Egyptian intelligence services reported, on Monday August 26,  that Egypt has firmly declared it will not accept any Israeli military presence along its border with the Gaza Strip. This stance was communicated through a senior source to Al-Qahera News. Egypt, which plays a crucial role as a mediator in […]