The Chairman of the National Oil Corporation, Masoud Suleiman, has identified the expansion of domestic fuel production as a strategic lever for revitalizing Libya’s economy, warning that ageing refinery designs, obsolete technologies and weak output have widened the gap between local supply and demand. He said Libya’s five basic refineries have a combined capacity of […]
Qingdao Sentury Tire Company is planning to build a $297 million radial tires manufacturing plant in Morocco’s northern city of tangier. The new investment shows that Morocco continues to attract foreign investors due to its political stability, geostrategic position, skilled manpower, connectivity and proximity to European, Mideastern and African markets. The Tangier tire factory will […]
Algeria Saturday dispatched 4,000 tons of Liquefied Natural Gas (LNG) to Tunisia to help it meet the shortage caused by disruptive weather conditions, mainly heavy snow, that have affected major social amenities. The shipment, destined to house usage, was announced by the Tunisian state-run news agency TAP, which also indicated that the 4,000 tons […]
