Tag Archives | Algeria

Algeria’s Sonatrach to Resume Drilling in Libya

Reuters reports that Algerian state energy firm Sonatrach is to resume exploratory drilling in Libya by the end of June, having suspending work because of last year’s uprising. Sonatrach has exploration rights in the Ghadames basin, near the border between the two countries. Libya’s National Oil Company recently announced the discovery of oil at one […]

Algeria’s Sonatrach to Resume Libya Oil Operations, Khabar Says

Algerian state-run oil producer Sonatrach Group plans to resume operations in Libya next week, El Khabar reported, citing an unidentified official in Algeria’s energy industry. The Algerian Energy Ministry is allowing Sonatrach to start exploring again at oil fields in Libya’s Ghadames Basin after the company received guarantees for the safety of its sites and […]

Algerian Min. reveals phases of restoring ties with Libya

Libyan Minister of Labor and Rehabilitation Mustafa Ali Al-Rajbani revealed on Tuesday that the phases to restoring normal relations with Algeria have started to take their normal course. Al-Rajbani said in press statement that the phases of restoring relations was attained due to the several meetings that joined Algerian President Abdelaziz Bouteflika with Libyan President […]

Libya, Algeria mend ties

Algerian President Abdelaziz Bouteflika met with National Transitional Council (NTC) chief Mustafa Abdel Jalil for the first time on Tuesday (November 15th), signalling a breakthrough in relations with the new Libya leadership. The meeting took place on the sidelines of the Gas Exporting Countries Forum (GECF) in Doha. “President Abdelaziz Bouteflika talked in a tripartite […]

Foreign Firms Warned in North Africa

Terrorists in North Africa may be preparing for renewed attacks against foreign interests. US officials received intelligence last week suggesting forthcoming attacks in Algeria, while terrorists may have acquired new weaponry during the chaos of the Libyan conflict.   Local sources claim that potential targets include foreign oil firms operating in North Africa and the […]