Tag Archives | Algeria

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 […]

Libya may Import Electricity from Algeria

Algeria's Sonelgaz and the General Electricity Company of Libya (GECOL) have reportedly begun discussions on the export of electricity and other services from Algeria to Libya. Following a meeting last Tuesday, Algerie Patriotique quotes Sonelgaz CEO Mohamed Arkab as saying: "We have a surplus national production of electricity, especially in winter. And at this time, […]

Serraj, Haftar Agree to Ceasefire and Elections

In support of the action of the United Nations and in the framework of the implementation of the Skhirat Agreement, taking into account the initiatives of the international organizations working on Libya including the African Union, the European Union and the League of Arab States, and underlining the efforts made by Libya’s friend countries and […]