First Independent Mena Newspaper
Reports of a pipeline explosion in Libya sent oil prices soaring to $60 a barrel, that is a two-and-a-half year highs. The blast reportedly sidelined 90,000 barrels a day of supply in a country that produced 973,000 barrels a day in Novem-ber. A Libyan military source said earlier that armed men had planted explosives at […]
Morocco is finally reaping the benefits of its south-south driven cooperation policy with African states. The Kingdom’s increasing economic attractiveness and clout in the continent is the fruit of restless efforts led by King Mohammed VI who paid 46 visits to African countries since his accession to the throne. One of the major projects reflecting […]
The desire to channel natural gas to European countries from Algeria has suffered another setback because the date of the rendezvous between parties to make a decision concerning the viability of the project is still being clouded with ambiguity following another delay. The project is a prospect of natural gas from Algeria being piped via […]
A trans-Saharan pipeline that will convey gas from oil fields in Nigeria to Spain on the Mediterranean coast through Niger and Algeria is scheduled to be operational by 2015 if the project succeeds to overcome all the obstacles on its long way. According to estimates, the 4128 km long pipeline is to convey to the […]