Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Algeria - The National Company for Marketing and Distribution of Petroleum Products 'Naftal' stated on Tuesday in a press release that the supply of petroleum products will be guaranteed throughout the Eid al-Fitr holiday at all its service stations and sales points across the country.
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Mustafa Makidch, the economic expert and specialist in hydrocarbons, confirmed that the zinc and lead mine in Wadi Amizour in the Béjaïa province, which entered the exploitation phase today, contains 34 million tons of zinc and lead reserves, making it a strategic project for Algeria. Its exploitation will extend over twenty years divided into three phases: implementation, exploitation, and rehabilitation. Makidch explained in the program 'Guest of the Day' on Algeria's third radio channel that contracts were signed in March 2024 with Australian partners for exploitation and Chinese partners for infrastructure development, after two years of project preparation. Watch the full content on Echourouk Online.
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Global oil prices rose today, Tuesday, supported by renewed concerns about supplies amid ongoing geopolitical tensions in the Middle East.
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A recent report from the Energy Research Unit revealed that Algeria's LNG exports increased by 74% during the first two weeks of March 2026, exceeding 462,000 tons compared to 265,000 tons during the same period in February, benefiting from global supply disruptions following escalating confrontations related to Iran and the disruption of navigation in the Strait of Hormuz. According to the report's data, weekly LNG exports rose from 201,000 tons in the first week of March to 261,000 tons in the second week, marking a growth of about 29% within one week, and increased by more than 56% compared to the same period in 2025. Read the full content on الشروق أونلاين.
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Economy Dz aliqtissad dz Algeria economy news
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By: Nabil BENSAID
algeriainvest.infoGold prices have maintained relative stability despite the decline of the US dollar, as investors monitor the impacts of oil supply disruptions resulting from the escalating conflict in the Middle East. Gold approached the $5000 per ounce level during early trading, after a slight decline of 0.3% in the previous session, reflecting a state of caution in global markets. Oil prices have risen again after a drop on Monday, as investors assess plans to draw from strategic reserves against the backdrop of escalating threats to energy infrastructure. The dollar index fell by 0.6%, which provided some support to gold prices. US President Donald Trump has called on other countries to help secure the Strait of H...
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Economy Dz aliqtissad dz Algeria Economy News
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In implementation of the directives of President Abdelmadjid Tebboune.
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Since the beginning of the war on Iran.
elkhabar.com
SONATRACH has dispatched a technical team, as part of a delegation that includes representatives from the group and the Ministry of Hydrocarbons and Mines, on a work mission to the Nigerien capital Niamey, aimed at gathering technical data related to the route of the trans-Saharan gas pipeline in its section located within Niger, in coordination with the Nigerien side, according to a statement from the group today, Tuesday.
radioalgerie.dz
The National Company for Marketing and Distribution of Petroleum Products 'Naftal' stated today, Tuesday, in a statement that the supply of petroleum products will be guaranteed throughout the Eid al-Fitr holiday at all its service stations and sales points across the country. The statement said: 'Naftal informs its valued customers that during the days of Eid al-Fitr, as well as throughout the rest of the year, all petroleum products will be available at all its stations and sales points, which remain open 24 hours a day, 7 days a week, across the national territory.'
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