Wednesday, August 25, 2010

russia start makeing money in algeria

Russian companies intend to engage in bidding projects for the exploitation of phosphate deposits in Algeria and build a factory for the production of nitrogen, phosphate and other substances. This came in a statement issued by the Information Office of the Russian Ministry of Energy on July 1 after the fourth meeting of the Russian government - Algerian joint related to cooperation in the fields of trade - economic and scientific - technical.


The Fourth Meeting of the Commission mentioned was held in Algiers, where he headed Sergei Shmatko and Minister of Energy and President of the Inter-Governmental Commission of the Russian delegation was headed by Karim Judy, Minister of Finance of the Algerian delegation. The statement says that during the meeting was to discuss various aspects of cooperation in the field of trade - economic cooperation between Russia and Algeria are among the issues that are discussed issue of cooperation in the fields of energy, modernization, and science and technology. The participants spoke to issues relating to the provision of appropriate conditions for activation and identification of cooperation between Russia and Algeria in the field of fuel and energy.


It is noted that Russia's relations with - the Algerian fuel and energy are the main trends in relations between the two countries. Russian companies are very interested in developing relations with Algerian partners on the basis of mutual benefit, as in the extraction of oil and gas as well as in the establishment of infrastructure for the transport network.


The statement that a large number of Russian energy companies currently operating in Algeria, and of these companies: "Gazprom" and the "Stroytrans gas" and oil company, "Ross Hnevic" and these companies intend to expand the scope of its activities in Algeria.


The statement noted that "both the Russian and Algerian satisfied with the progress of geological prospecting operations carried out by" Gazprom Anturnishnal "together with" Sontrak "in the" Alacil. "


The Minister met Shmatko while he was in Algeria by Prime Minister Ahmed Ouyahia and Mourad Medelci and Minister of Foreign Affairs Youcef Yousfi, Minister of Energy and Mines of Algeria.


The statement noted that the Fifth Meeting of the Committee will be held in Moscow, 2011, date to be determined later through diplomatic channels.

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