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Boutarfa holds talks with Venezuelan Oil Minister
April 29, 2017

Venezuelan Oil and Mines Minister Nelson Martinez was received Wednesday in Algiers by Energy Minister Noureddine Boutarfa, with whom he broached the situation of oil markets and the impact of the decision taken by the members of the Organization of Oil Exporting Countries (OPEC) and non-OPEC ones to reduce their output and stocks, and stabilize the market, said the ministry in a communiqué.

Both ministers held discussions on the next OPEC-Non OPEC ministerial meeting, saying that they 'agree' on the extension of the OPEC-Non OPEC agreement sealed on 10 December,' stated the communiqué.

Besides, Martinez stated his country suggested holding a summit of heads of State of OPEC and Non-OPEC countries, which might be held before the end of this year. He stressed that a request would be soon submitted to concerned countries with a view to provide all favourable conditions to better stabilize markets and restore confidence to producing countries and consumers. For his part, Boutarfa reaffirmed Algeria's support to any initiative aiming to rebalance markets in the middle and long terms.

He"...

April 27, 2017

Algeria will launch its own satellite before the end of this year, which will cover the whole national territory and which will ensure the coverage of 90% of the internet network in Niger and Mali announced Wednesday, in Algiers, the minister of Post and Information and Communication Technologies Houda Imane Feraoun.

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April 25, 2017

GE has signed an agreement with Algeria’s Sonelgaz SPE, a subsidiary of the state-owned Sonelgaz, in what the US firm said is the largest services contract in GE Power’s history.

While the value of the agreement was not revealed,"...


April 29, 2017

Africa is called to create as soon as possible its own development, stressed Wednesday, in Algiers, representatives of bodies of the African Union, insisting notably on the fight against the scourge of unemployment.

“Employment in Africa is no more an economic or social issue but a stake of national security and this is how we should understand it to measure the urgency in which we are,”"...

April 29, 2017

Secretary General of Energy Ministry Fatma Zohra Cherfi received Wednesday, in Algiers, Deputy Minister for Foreign Affairs of North Korea Sin Hong Chol, said a ministerial communiqué.

During their meeting, the two sides examined ways to strengthen cooperation and partnership relations between the two countries in the field of energy.

Cherfi"...

April 29, 2017

Algeria envisages exporting a part of cars produced by French carmaker Renault in Oued Tlelat plant, said Minister of Industry and Mines, Abdeslam Bouchouareb.

Following a meeting on sub-contracting agreement organized Thursday in Oran, the minister said that 'we mainly produce for the domestic market, but we envisage orienting a part of this production to export. This is our objective.”

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April 29, 2017

The Chief Executive Officer of Sonatrach Abdelmoumen Ould Kaddour said Thursday, in Paris, that Algeria will maintain its level of oil and gas exports, while ensuring the security of the supply of the domestic market.

“We will continue to ensure the security of the supply of our domestic market. We will try to maintain, and eventually increase the level of oil and gas exports,” said the"...

April 29, 2017

Niger banks on cooperation with Algeria to develop its telecommunication sector and benefit from the Algerian experience with Mali in the field, Niger's Minister of Post, Technologies and Digital Economy said Thursday in Bouira (122-km east of Algiers).

'We bank a lot on cooperation with Algeria to benefit from its experience and progress in telecommunication technologies with a view to developing"...

April 29, 2017

Prime Minister Abdelmalek Sellal on Thursday has launched the building works of a 240-bed hospital in Tamanrasset (1970-km south of Algiers).

The project, worth over DZD5.7 billion, has been entrusted to COSIDER and is due to be delivered within 36 months.

It aims at improving healthcare services in the southern province.

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