Tag Archives | Algeria

Fmr Algerian FM Abandons Bid to be UN Libya Envoy

By John Lee. A former foreign minister of Algeria former has confirmed that he is withdrawing his candidacy for the post of UN envoy to Libya, after diplomats said the US opposed his nomination. Ramtane Lamamra had previously been considered the front-runner to take up the post. (Sources: The National, Middle East Monitor)

UN searches for new Libya Envoy

By John Lee. The UN has reportedly begun searching for a new envoy to Libya, after the US refused to endorse the previous candidate. According to The National, former Algerian foreign minister Ramtane Lamamra seemed to be all but confirmed in early March, but a diplomat said the US increasingly posed "questions" about his candidacy, […]

Why Algeria is suddenly more Interested in Libya

By Alia Brahimi and Akram Kharief, for the Atlantic Council. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. After years of working quietly behind the scenes, Algeria has adopted a more assertive, if uneven, policy towards the war in neighboring Libya. In the latest […]

Algeria vies for Leading Role in Libya Peace Process

By Simon Speakman Cordall for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Algeria battles larger countries to vie for leading role in Libya peace process Algeria is continuing to bring its historic diplomatic weight to bear on international attempts to stabilize Libya. […]

Algeria, Libya Plan Free Trade Zone

By John Lee. Algerian Minister of Trade Kamel Rezig (pictured) has reportedly announced a joint initiative with Libya to establish a free trade area. Xinhua quotes him as telling 300 businessmen at an Algerian-Libyan Business Forum in Algiers that his government is keen to remove all obstacles to boosting trade with Libya. He also revealed that […]

NOC Chairman meets Sonatrach Chairman in Algeria

By John Lee. As part of the joint cooperation between National Oil Corporation (NOC) and the Algeria’s Sonatrach, NOC Chairman Eng. Mustafa Sanalla and his accompanying delegation met Mr. Rachid Hachichi, Chairman and CEO of Sonatrach, his two deputies, and a number of the Algerian company's departmental directors in Algiers on Thursday, October 24, 2019. […]

LISCO planning $1bn Tender

By John Lee. The Libyan Iron and Steel Company (LISCO) is reportedly planning to announce a $1-billion tender next month to build two new plants. Chairman Mohamed al-Faqih also told Reuters that the company has started exporting to Algeria, and aims to increase production this year. For the new plants, al-Faqih said Lisco is targeting […]

Algeria, Libya to Jointly Study Border Fields

By John Lee. Algeria’s state-run oil company Sonatrach signed an agreement with the Libyan National Oil Corporation (NOC) to jointly study the Al Wafa and Al Rar fields, along with US-based DeGolyer & MacNaughton  (D&M). Al-Rar field is on the Algerian side of the border, while Al-Wafa field (pictured) is on the Libyan side. The study […]