Maghreb in May 2026: the most important developments in economy
In the Maghreb in May 2026, energy dominated economic news. Libya's Zawiya refinery resumed full operations, according to a statement on 10 May, and the Bouri gas field project was scheduled to start production in September. Egypt and Algeria signed an oil purchase deal, followed on 6 May by a memorandum of understanding on crude oil and a 1.1 billion dollar field development contract. Egypt was also reported to be considering importing 6 million barrels of oil from Algeria. Turkey said it could sign a larger, longer LNG contract with Algeria. Elsewhere, Stellantis opened a car dismantling center in Morocco, and Tunisia launched a tender to buy 6,000 tons of vegetable oils.
by WorldBrief & Maksim Micheliov | AI-generated summary
Click a day in the chart above for that day's brief.