Article: ALGERIA Weekly Highlights - Jul 6-10, '09.

(ADP News) - UAE-based biotechnology company Oasis Ltd has abandoned its project to produce biofuel from dates in Algeria, CEO Brahim Zitouni said.

The group has given up the plan as the Algerian Energy Ministry had not backed the project.

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Algeria has signed an agreement with Niger and Nigeria concerning the Trans-Saharian gas pipeline (TSGP) which will connect Europe and Africa.

The TSGP is expected to become operational by 2015. The pipeline will transport up to 30 billion cu m (1.05 trillion cu ft) of natural gas annually.

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French utility GDF Suez (EPA:GSZ) and Algerian oil and gas group Sonatrach said on ...

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