
Libya announces new oil discovery in the Ghadames Basin in cooperation with SONATRACH
AL24 News - Libya announces a new oil discovery in the Ghadames Basin in cooperation with SONATRACH - news
Import/export, trade agreements, customs, and international commerce

AL24 News - Libya announces a new oil discovery in the Ghadames Basin in cooperation with SONATRACH - news

The National Oil Corporation, state-owned in Libya, announced a new oil and gas discovery from the exploratory well A1-69/02 in the Ghadames Basin in collaboration with SONATRACH, recording a daily production of 13 million cubic feet of gas and 327 barrels of condensate. The well is located 70 kilometers from the Al-Wafa field and was drilled to a depth of 8,440 feet, extracting resources from the Ouinat Wanin and Ouin Kazza layers. Read the full content on Echourouk Online.

The 23rd edition of the professional food industry exhibition 'Ghazagro' is expected to feature more than 600 Algerian and foreign exhibitors representing 28 countries, alongside over 26,000 professional visitors, from April 12 to 15 at the Palais des Expositions in El-Madania. The exhibition's commissioner, Nabil Bay-Boumrak, as reported by 'APS', confirmed that this edition will be marked by a strong presence of Algerian producers with the participation of more than 150 companies, along with prominent international pavilions including Italy, Turkey, China, and Germany, where food industry equipment, as well as processing, packaging, and labeling solutions will be showcased. Read the full content on Echourouk Online.

The Minister of Foreign Trade and Export Promotion, Kamel Rezig, oversaw the appointment of the Guidance Council of the Algerian Import Authority, in a move aimed at enhancing coordination among various sectors involved in the import field and establishing a more effective approach to managing this file, according to a statement from the ministry. The minister clarified, during the appointment ceremony attended by representatives from several concerned ministerial sectors, that the establishment of this council represents an important milestone in improving the performance of the import system, allowing for adaptation to economic transformations and responding to development requirements. Read the full content on Echourouk Online.

It is expected to be held, as every year, next June.

Oil prices rose today, Thursday, amid fears of supply disruptions. Brent crude futures increased by $2.6 or 2.74 percent to $97.35 per barrel, and West Texas Intermediate crude rose by $3.02 or 3.2 percent to $97.43 per barrel.

Algeria will participate in the International Food Exhibition scheduled to be held from May 11 to 14, 2026, at the Milan Exhibition Center in Italy, according to a statement from the Ministry of Foreign Trade and Export Promotion, released today, Thursday.

Algeria and Mauritania are resolutely heading towards consolidating their economic partnership, particularly in economic exchanges.

The Air Algérie group is preparing to take a new step in its ambitious development plan. The national airline

This company has a production capacity of 2 million tons annually of concrete rebar, machine wire and

Algeria - Today, Wednesday, in Algiers, the Steering Council of the Algerian Import Authority was inaugurated, according to a statement from the Ministry of Foreign Trade and Export Promotion.

Algeria - The 23rd edition of the professional food industry exhibition 'Ghazagro' will be held from April 12 to 15 at the Palais des Expositions in El-Madania (Algiers) with the participation of more than 600 Algerian and foreign exhibitors representing 28 countries, according to what the organizers announced today, Wednesday.