Algeria will respect its share within OPEC+ despite rising demand. The current situation will push prices towards $150 per barrel. The quality of Algerian oil makes it exceed Brent by $4 to $6. Energy expert Baghdad Mendoush explains the potential implications of the ongoing war in the Middle East on Algeria from an energy perspective, confirming that European partners, if they want additional quantities of Algerian gas via pipelines, are forced to negotiate with SONATRACH according to current market prices, not the old prices stipulated in long-term contracts. In this context, expert Mendoush noted in a statement to 'Echorouk' that the closure of the Strait of Hormuz will lead to a shortage of 20 million...
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
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Béjaïa Port has set a new record in handling bulk cargo, unloading 15,153.60 tons of corn within 24 hours, in an operation conducted directly from the ship to the trucks, according to the Béjaïa Port Authority (EPB). The authority stated in a press release that the operation was carried out at berth number 21, starting from the ship 'BUNUN TREASURE' coming from Santarém, thus breaking the previous record set at the port. View the full content on Echourouk Online.
echoroukonline.comMoscow - Representing the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, participates in the third Russia-Africa Summit and the Economic and Humanitarian Forum, which commenced today, Wednesday, in the Russian capital, Moscow.
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