ORAN (Algeria)- A cargo of 240,000 square meters of fire-resistant and waterproof plasterboard have just been exported to Morocco, the exporter company Knauf Algeria said Tuesday in a statement.
ALGIERS – National hydrocarbon group Sonatrach has experienced a significant income shortfall worth $10 billion until end September 2020 compared to the same period in 2019. The shortfall caused by the Coronavirus pandemic, led to a 41% decline in the Group’s exporting turnover, it said in a release.
ALGIERS- The minister of Energy Transition and Renewable Energy, Chems-Eddine Chitour, said Monday the goal set for 2021 as part of the sector's roadmap consists in saving 10% of the energy consumed now (six million tonnes a year).
ALGIERS - The Finance Bill 2021, presented on Monday before the People National Assembly’s Finance and Budget Committee, forecasts a national economic growth rate of 3.98% in 2021.
ALGIERS- Minister of Energy Abdelmadjid Attar said Monday that the OPEC+ (OPEC and non-OPEC) countries have agreed to "defend" the oil market and take all necessary measures to stabilize prices by the end of 2020 and maintain them above $40 a barrel.
ALGIERS- The finance bill 2021 presented on Monday before the People’s National Assembly’s Finance and Budget commission projects Algeria’s exchange reserves to fall under $47 billion.
ALGIERS - Sonatrach has contributed, along with the National Agency for the Promotion of Research and Technological Development Results (ANVREDET), to the creation of a university incubator for start-ups in the "Kasdi Merbah" University de Ouargla, the Group said in a statement on Sunday.
ALGIERS- Minister of Energy Abdelmadjid Attar will take part Monday in the 23rd meeting of the OPEC-Non OPEC Joint Ministerial Monitoring Committee (JMMC), via videoconference, on the situation of the international oil market and its development prospects in the short and medium term, the ministry said Monday in a statement.
ORAN (Algeria)- The steel complex Tosyali of Bettioua, Oran (432-km west of Algiers) has exported 18,000 tonnes of reinforcing bars and 400 tonnes of iron wire to Canada, the communication unit of the complex said Sunday.
DJELFA (Algeria)- Prime Minister Abdelaziz Djerad on Saturday inaugurated a private sanitary paper processing plant, in the industrial area of Ain Ouessara, Djelfa (275-km south of Algiers).