Search Results for: Algeria

BY FIDELMA COOK, PAUL COCHRANE and KEITH NUTHALL

SONATRACH, Algeria’s national oil and gas company, has made no secret to its determination to strengthen its position in Europe, which already accounts for around 60% of Algeria’s export earnings….the bulk of which is in gas.…

BY PAUL COCHRANE, in Tripoli and Beirut

THE MARKET for cosmetics and toiletries in North Africa has been growing annually by a steady 5-6% over the last five years according to market participants and official data. Overall market value for the five countries – Egypt, Libya, Tunisia, Algeria and Morocco – combined is more difficult to come by due to a dearth of data, but reasonable estimates put it slightly above US$1 billion, less than half the value of the Middle East and Gulf markets.…

BY KARRYN CARTELLE, in Auckland; LUCY JONES, in Dallas, Texas; MONICA

DOBIE, in Ottawa; and BILL CORCORAN, in Johannesburg

NEW Zealand has long retained a position of prominence in the global butter products

industry, despite the fact that competitors are always looking to seize export markets in

what is an increasingly competitive market.…

BY KEITH NUTHALL

WHEN oil and gas executives think of European Union (EU) funding for their projects or companies, they may consider the European Commission, with its high profile in energy spending and investment. But there is another EU institution with an important role as a financial fountainhead for European energy loans: the European Investment Bank (EIB).…

BY PAUL COCHRANE, in Tripoli and Beirut

THE OPENING up of Libya’s economy could not have come at a better time for international oil companies, which have been beset in recent years by dwindling easily accessible oil reserves, tighter controls over exploration rights and extraction, and heightened security concerns.…

THE DEPENDENCE of the European Union (EU) on gas from Russia has been made starkly clear by the latest detailed trade figures released by EU statistical agency Eurostat – 42% of imported natural gas came was Russian in 2005. This 4.9 million terajoules compared with 2.6 million terajoules (22%) from Norway; 2.2 million terajoules from Algeria (19%) and 1.9 million from other sources (17%).…

BY KEITH NUTHALL

EUROPEAN Union (EU) member states and the European Commission are squaring up ahead of a political battle this autumn over anticipated energy liberalisation proposals. A letter from France, Germany, Austria, Bulgaria, Cyprus, Greece, Latvia, Luxembourg and Slovakia has been written to the Commission stating their firm opposition to comprehensive energy unbundling in anticipated proposed European Union (EU) legislation.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) has struck an important deal with Algeria, ensuring it supplies gas to European markets competitively, scrapping restrictive profit sharing contracts. Algeria is a key gas exporter in the EU’s fight to secure energy security without relying on Russia, and Algiers has now agreed with the European Commission that pipeline gas can be sold-on within Europe, without a cut going to Algerian gas producer Sonatrach.…

BY KEITH NUTHALL
THE BOOM in counterfeit cigarettes being smuggled into the European Union (EU) is intensifying, according to the latest figures from the European Commission. It says EU customs officials seized 156 million packets’ worth of fake cigarettes in 2006, up 380% on 2005.…

BY KEITH NUTHALL

THE BOOM in counterfeit cigarettes being smuggled into the European Union (EU) is intensifying, according to the latest figures from the European Commission. It says EU customs officials seized 156 million packets’ worth of fake cigarettes in 2006, up 380% on 2005.…