AGP Executive Report
Last update: 7 hours agoOil & Gas Deal: Algeria’s president ratified an MoU with Azerbaijan to expand cooperation in oil, gas, petrochemicals and green-energy projects, with SOCAR supplying long-term crude volumes to Sonatrach-linked refining. Industrial Upgrades: Lantania won two new industrial wastewater treatment contracts in Algeria—capacity expansions for Fadiplait near Algiers and a full refurbishment at Afia Savola in Oran—both due within 24 months. Energy Prices Watch: Sonatrach cut June LPG official selling prices sharply (propane and butane) while Saudi Aramco raised theirs, underscoring shifting regional supply and pricing dynamics. Tech & Security: London’s Metropolitan Police set a June 5 deadline for Apple, Google and Samsung to update measures against stolen-phone resale, warning it may push for legislation. World Cup Business Pulse: Algeria’s World Cup campaign gets a boost in coverage as Argentina’s arrival in Kansas City continues and Messi is reported set to start in the opener vs Algeria on June 16; meanwhile, Algeria is also mentioned among teams with limited inclusion in EA’s World Cup video-game mode. Regional Diplomacy: Turkey’s Erdogan held talks with Algeria’s Tebboune, focusing on deeper cooperation across trade, energy and defense industries.
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