Algeria Energy Europe Headlines International Maghreb Morocco

Algeria irked by Spain’s decision to ship gas to Morocco via GME

The Algerian regime has fallen in its own trap when it unilaterally decided to shut down the Maghreb-Europe Gas Pipeline (GME) to cut off the flow of gas to Morocco. However, the GME pipeline is used as of this week to supply Morocco with gas coming from Spain in reverse flow. “Morocco will be able […]

Americas Energy Headlines International Libya

Libya: US calls for immediate end to oil shutdown as it harms Libyans & global economy

The United States expressed its “deep concern” over the continued oil closures in Libya, calling on “responsible leaders” to “recognize that the shutdown harms Libyans throughout the country and has repercussions across the global economy, and should end it immediately.” In statement released on Wednesday, the US Embassy in Libya said that the closures are […]

Business Energy Headlines Morocco

Morocco: IMF welcomes “targeted measures” seeking to mitigate impact of soaring energy prices

The International Monetary Fund (IMF) on Wednesday hailed the “targeted measures” adopted by Morocco to mitigate the impact of soaring energy prices on economy. “The Moroccan government is today undertaking a set of targeted measures, including support for the transport sector of people and goods to relieve the rise in energy prices on production,” underlined […]

Business Energy Europe Headlines International Morocco

Morocco-UK electricity interconnection part of new energy order – The Telegraph

The Uk braces for a new electricity order in which renewable energy generated from Morocco’s Sahara is well-placed as a competitive, clean and affordable source to supply the UK market, wrote the Telegraph. Xlinks consortium is preparing to launch within five years the world’s longest undersea cable to channel energy from Guelmim region in the […]

Algeria Columns Energy Headlines Opinions

Algeria lacks spare capacity to boost gas exports to Europe

As Europe seeks to wean itself of Russian gas, Algeria has emerged as a potential supplier, but experts consider the country lacking in spare capacity. Algeria is the third largest gas exporter to Europe with 8% of the market share. It has seen its domestic gas consumption rise exponentially leaving it with insignificant extra export […]

Business Energy Europe Headlines International Morocco

UK’s XLCC sets up subsea cable factory for Morocco project

The UK’s XLCC is planning the setting up of a factory in Hunterston, Scotland, to manufacture the world’s largest subsea cable that will send clean energy from Morocco to the UK. Connecting the solar and wind plants in Morocco with Alverdiscott, North Devon, will start with a first phase in 2025-2027, Electric.co reported. The connection […]

Energy Headlines Libya

Several Libyan oil sites now at a standstill after Fathi Bachagha was denied entry to Libya

Libya’s National Oil Company (NOC) announced on Monday the halt of operations at two major oil sites, the Zouetina terminal and the Al-Charara field, after several other facilities were shut down in connection with protests and political rivalries. The blockades come at a time when Libya, struggling to turn the page on the years of […]

Energy Headlines Tunisia

Tunisia to demand compensation for intervention operation for sunk tanker

Tunisia’s Environment Minister Leila Chikhaoui said Sunday the North African country will demand compensation for intervention operations after Xelo tanker sank in the Gulf of Gabes, with 750 tons of diesel fuel in its tanks. Xelo, navigating with Equatorial Guinea flag and hailing from the Egyptian port of Damietta to Malta, sank Saturday morning in […]

Energy Headlines Morocco

Morocco to unveil first LNG import contracts in ‘upcoming days’

Morocco will enter the LNG market in the next upcoming days after it finalizes supply deals, as it seeks to bolster the share of natural gas in its energy mix, Energy Minister Leila Benali said. The Minister added that her department had talks with Portugal, France and Spain to activate the unused capacity in their […]