
Organization of African Oil Producing Countries: The Trans-Saharan Pipeline is a Strategic Priority
In a context of profound upheavals in global energy markets, the Organization of African Oil Producing Countries APPO is reinstating
Import/export, trade agreements, customs, and international commerce

In a context of profound upheavals in global energy markets, the Organization of African Oil Producing Countries APPO is reinstating

After the suspension of Qatari exports due to tensions in the Middle East, Algeria finds itself in a strong position to fill

Lagos - The African Export-Import Bank (Afreximbank) announced that Nigeria has signed an agreement to host the fifth edition of the African Continental Trade Fair, scheduled to take place from November 5 to 11, 2027.

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The 8th edition of the International Investment Salon in the fields of industry, energy, construction, public works, logistics, and export, 'Algeria Invest Expo', will be held from March 26 to 29 at the 'Mohamed Ben Ahmed' conference center in Oran, according to a statement from the organizers on Tuesday. This salon includes two main events aimed at enhancing interaction among economic operators, namely 'Industry Expo' and 'Africa Build Expo', as stated by the organizers, who noted that total participation exceeds 150 Algerian and foreign economic operators. The 'Industry Expo' event dedicated to industry, energy, logistics, and export will see the participation of more than 30 public industrial groups, in addition to...

Algeria - The 8th edition of the International Investment Salon in the fields of industry, energy, construction, public works, logistics, and export 'Algeria Invest Expo' will be held from March 26 to 29 at the 'Mohamed Ben Ahmed' Conference Center in Oran, according to a statement from the organizers on Tuesday.

Oil production cuts in the Middle East are widening as the vital Strait of Hormuz remains nearly shut down, increasing chaos in energy markets, amid warnings from major producers of catastrophic consequences. The war in the Middle East, which has entered its second week, and the effective closure of the main export route, along with the resulting filling of storage facilities, have led major producers to cut oil production.

Gold prices rose by about $84 during trading on Tuesday, March 10, surpassing losses from the previous session, as the US dollar index fell against a basket of major currencies, boosting demand for the precious metal. According to trading data, gold futures for April delivery, by 10:26 AM GMT, rose by 1.74% or $88.51 to reach $5183.94 per ounce, while spot contracts increased by 0.81% to $5180.13 per ounce. View the full content on Echourouk Online.

Iranian state media reported that the Iranian Revolutionary Guard announced that Arab and European countries expelling U.S. and Israeli ambassadors will enjoy full freedom to transit through the Strait of Hormuz, the strategic maritime passage that carries about one-fifth of global oil and liquefied natural gas exports. This announcement came amid a halt in maritime shipping and energy exports through the strait, leading to hundreds of ships remaining anchored on both sides of the waterway, causing heightened tension in global oil and shipping markets. Read the full content on Echourouk Online.

Oil prices fell by about 8.5% during trading on Tuesday, March 10, for the first time in eight sessions, as fears of long-term disruptions in global crude supplies eased following U.S. President Donald Trump's statements about the possibility of the war in the Middle East ending soon. According to trading data, Brent crude futures for May 2026 fell by 8.24% to $91.09 per barrel, while West Texas Intermediate crude futures for April 2026 dropped by 8.47% to $86.74 per barrel. View the full content on الشروق أونلاين

The African Petroleum Producers Organization confirmed that the Trans-Saharan Gas Pipeline (TSGP) project, which connects Nigeria to Algeria via Niger, is one of the strategic structural projects capable of enhancing Africa's position as a key player in the global energy market balance, by providing a new route for gas supplies to international markets, especially European ones. In an editorial published on the organization's website titled 'Africa: The Strategic Hub of the New Energy Map', the organization's Secretary-General, Fred Ghazali, explained that accelerating the development of vital infrastructure on the continent has become a strategic priority, with the Trans-Saharan Gas Pipeline project at the forefront.

Algeria - The Organization of the African Oil Producing Countries highlighted the importance of the Trans-Saharan Gas Pipeline (TSGP) project, which connects Nigeria to Algeria via Niger, as a structural project that will enhance the continent's position as a key player in the balance of the global market.