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Algeria’s Foreign Exchange Reserves to Shrink to $85 bln by end of 2018
The Algerian government has started to feel the heat of the falling oil and gas revenues, as the country’s foreign exchange reserves are expected to further drop to $85 billion at best, barely enough to cover 18 months of imports. The figure was recently announced by Algeria’s finance minister Abderrahmane Raouya who told MPs that […]
Morocco hosts inter-Libyan meeting
Morocco is hosting this Sunday and Monday an inter-Libyan meeting with the aim of consolidating the ceasefire and relaunching the political process, local media report. Libyans on both sides remain very discreet about the agenda of these meetings, but according to media reports two dialogue committees, each composed of 7 people, have been formed to […]
Morocco Reaches Out to U.S. to Secure LNG Supplies Sources to Avoid Disruptions
A Moroccan delegation will take part in a meeting to be organized by U.S. Trade development Agency in Houston on Sept.24 to discuss natural gas opportunities offered in Morocco which is expanding gas industry investments, including LNG imports, pipeline and storage capacity. These investments are creating opportunities for U.S. companies to supply LNG and natural […]



