
LPG: Algeria, emerging supplier of the Indian market
Algeria ranks third among LPG suppliers to India in August 2026, with over 110,000 tons exported.
Import/export, trade agreements, customs, and international commerce

Algeria ranks third among LPG suppliers to India in August 2026, with over 110,000 tons exported.

The interim Venezuelan president, Delcy Rodríguez, stated that the energy agreement with the United States will remain in effect for 25 years, aiming to increase crude oil production to 1.5 million barrels per day and maintain the country's sovereignty over its natural resources. Rodríguez praised the agreement in a speech delivered late last night, describing it as a 'historic' agreement that will help revive the economy, increase government revenues, and shape the country's future. Rodríguez said on the state channel VTV, 'This bilateral project, which extends for 25 years, includes a vision for the development of 17 strategic oil fields with the aim of producing more than 1.5 million barrels per day.'

Mohamed Arkab and Ali Seibou Hassane strengthen cooperation between Algeria and Niger around the oil projects of Bilma and Kafra

Algeria benefits from the Hormuz Strait crisis with rising energy revenues. Analysis of the first half of 2026 performance.

The IGU analyzes the impact of the Strait of Hormuz crisis on the LNG market: soaring prices, surge in African exports

U.S. President Donald Trump announced an agreement with Venezuela that allows his country to control over 65 billion barrels of proven oil reserves in Venezuela. Trump wrote on Truth Social yesterday, 'At my direction, Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth, in close cooperation with the esteemed interim President of Venezuela, Delcy Rodríguez, and through a partnership with private companies, have secured a controlling American majority over more than 65 billion barrels of proven oil reserves in Venezuela, at no cost to American taxpayers.' He did not provide additional details about the agreement. For her part, interim President of Venezuela, Delcy Rodríguez, welcomed...

SONATRACH and the Chinese Anton Group for oil field technology signed a memorandum of understanding today, Saturday, in Beijing (China), aimed at exploring cooperation opportunities in the oil and gas sector and related services, according to a statement from SONATRACH. The protocol was signed during a ceremony organized on the sidelines of the visit by the CEO of SONATRACH, Nourredine Daoudi, to China, accompanied by a high-level delegation.

The Professional Association of Banks and Financial Institutions sent a letter to the heads and general managers of banks, containing new clarifications regarding the import files for its own account, related to management and equipment, for the first half of 2026, based on a letter issued by the Ministry of Foreign Trade and Export Promotion dated August 26. The letter, numbered 606/2026, specifies the validity periods for the estimated import programs related to management, clarifying the cases in which bank settlement procedures can continue after the specified period for these programs has ended. According to the document reviewed by 'Echorouk', the validity of the estimated import programs for management for the first half...

Its exit may raise questions about the organization's ability to control oil prices.

Oil prices rose by more than 2 percent at settlement yesterday, ending a three-session losing streak. Brent crude futures climbed $1.86 or 2.1 percent to $89.70 per barrel. U.S. West Texas Intermediate crude futures increased $1.30, or 1.6 percent, to $83.53 per barrel.

The Prime Minister, Aïmene Benabderrahmane, praised the notable progress in the implementation of commitments between Algeria and Niger, reflecting the leaders' commitment to giving substantive and practical content to the fraternal relations and strategic cooperation that bind them. In his speech at the opening of the expanded meeting between the Algerian and Nigerien delegations, today Thursday, as part of the working visit by the Prime Minister of the Republic of Niger […]

North America strengthens its position as the leading production hub, while Algeria consolidates its role as a supplier to Europe.