Algeria inks 4-bln-USD gas deal with 3 int'l energy groups

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Algeria inks 4-bln-USD gas deal with 3 int'l energy groups

STORY: Algeria inks 4-bln-USD gas deal with 3 int'l energy groups DATELINE: July 20, 2022 LENGTH: 00:01:47 LOCATION: Algiers CATEGORY: ECONOMY SHOTLIST: 1. various of the signing ceremony 2. SOUNDBITE (Arabic): MOHAMED ARKAB, Algeria's Minister of Energy and Mines STORYLINE: Algeria's state-owned oil company Sonatrach inked on Tuesday in Algiers a deal worth 4 billion U.S. dollars with three energy companies from Europe and the United States. The agreement reached between Sonatrach and U.S. company Occidental, Italy's Eni, and France's Total Energy, will supply Italy with natural gas amid a likely cut of Russian gas to Europe. Under the contract, Sonatrach and the three Western oil companies will develop the Berkin gas field, located 300 km southeast of Hassi Messaoud, in the south of Algeria. SOUNDBITE (Arabic): MOHAMED ARKAB, Algeria's Minister of Energy and Mines "This four-billion-U.S. dollar-worth deal will allow for an additional one billion barrels of oil equivalent to be extracted, and the

  • Product Code
  • ILEA000995666
  • Registered date
  • 2022/7/20 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 114.00(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Egypt receives 14 bln USD from UAE as 2nd payment of investment deal: cabinet

    STORY: Egypt receives 14 bln USD from UAE as 2nd payment of investment deal: cabinet SHOOTING TIME: file DATELINE: May 16, 2024 LENGTH: 00:00:45 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the cabinet headquarters 2. various of Egyptian PM speaking 3. various of U.S. dollars STORYLINE: Egypt has received 14 billion U.S. dollars from the United Arab Emirates (UAE) as the second payment of a 35-billion-dollar investment deal signed in February to develop Ras Al-Hekma, a new resort city on Egypt's northern coast, the Egyptian cabinet said Wednesday. During a cabinet meeting, Egyptian Prime Minister Mostafa Madbouly confirmed the receipt of the payment, which he said would "contribute to pumping more dollar resources," according to a statement released by the cabinet. In early March, Egypt announced the receipt of 15 billion U.S. dollars from the UAE as the first tranche of the 35-billion-dollar deal. The sum included 5 billion received in late February, another 5 billion received in earl

      Türkiye, Azerbaijan ink deal to boost natural gas cooperation

      STORY: Türkiye, Azerbaijan ink deal to boost natural gas cooperation SHOOTING TIME: May 14, 2024 DATELINE: May 15, 2024 LENGTH: 00:01:13 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of the signing ceremony 2. Footages about gas storage facility STORYLINE: Turkish Energy and Natural Resources Minister Alparslan Bayraktar and visiting Azerbaijani Minister of Economy Mikayil Jabbarov signed an agreement on Tuesday in Istanbul to boost cooperation in the field of natural gas. Following the talks, Bayraktar told reporters that the Natural Gas Cooperation Agreement has elevated the relations between the two countries to a new level. The agreement will allow additional volumes of Azerbaijani natural gas from the Caspian region to be transported to Türkiye by 2030, Bayraktar noted. "A portion of this gas will then continue its journey to reach Europe through Türkiye," he said, adding "with this exemplary cooperation, Türkiye and Azerbaijan make significant contributions to both our own an

        Industrial scale of Sino-German cooperation in Beijing grows to 40 bln yuan

        STORY: Industrial scale of Sino-German cooperation in Beijing grows to 40 bln yuan SHOOTING TIME: May 14, 2024 DATELINE: May 15, 2024 LENGTH: 00:02:59 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the China-Germany (China-Europe) Hidden Champions Forum 2024 2. SOUNDBITE 1 (English): WALTER DORING, Chairman of Senate of Economy Europe, founder of ADWM GmbH, and initiator of Summit of World Market Leaders 3. SOUNDBITE 2 (English): GUNTHER WOBSER, CEO of LAUDA DR. R. WOBSER GmbH & Co. KG 4. SOUNDBITE 3 (Chinese): YANG MING, Vice President of Senate of Economy Europe 5. various of production lines 6. various of views in Beijing STORYLINE: The Beijing China-Germany economic and technological cooperation demonstration zone has attracted more than 100 German enterprises, reaching an annual industrial scale of 40 billion yuan (about 5.53 billion U.S. dollars), according to a forum held in Beijing. The China-Germany (China-Europe) Hidden Champions Forum 2024 concluded in Beijing on Tuesday, having wi

          Hitachi Energy confident in Chinese market

          STORY: Hitachi Energy confident in Chinese market SHOOTING TIME: Recent footage DATELINE: May 2, 2024 LENGTH: 0:01:27 LOCATION: XI'AN, China CATEGORY: ECONOMY SHOTLIST: 1. various of Hitachi Energy 2. SOUNDBITE (Chinese): HUANG ZHENG, General manager, Xi'an Hitachi Energy Power Capacitor Co., Ltd. STORYLINE: A manager with power equipment multinational Hitachi Energy has said that China's drive to realize "dual carbon goals" has resulted in the company's production plant in northwest China's Xi'an developing into its largest power capacitor manufacturing base across the world. In April 2023, a new manufacturing base in Xi'an, made possible by investment from Hitachi Energy, was put into use to produce capacitors and power-quality products. The products are now exported to Europe, the United States, Oceania and Africa, which further increases Hitachi Energy's confidence in the Chinese market. SOUNDBITE (Chinese): HUANG ZHENG, General manager, Xi'an Hitachi Energy Power Capacitor Co., Ltd. "Our company ha

            Turkish Airlines inks deal with Airbus, Rolls-Royce

            STORY: Turkish Airlines inks deal with Airbus, Rolls-Royce SHOOTING TIME: April 30, 2024 DATELINE: May 1, 2024 LENGTH: 00:01:17 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Airlines, Airbus, and Rolls-Royce joint signing ceremony in Istanbul, Türkiye 2. various of Istanbul airport, Turkish Airlines planes in Istanbul, Türkiye STORYLINE: Turkish Airlines sealed a deal in Istanbul with Airbus and Rolls-Royce, heralding a substantial economic injection of 20 billion U.S. dollars, local media reported on Tuesday. The Turkish flag airline secured the acquisition of a total of 230 aircraft, including 150 A321neo and 80 A350 planes from Airbus, and finalized a deal with Rolls-Royce for the provision of aircraft engines, according to the Sabah Daily. According to the agreement, Turkish Airlines stipulated that significant components of both the aircraft and their engines must be produced in Türkiye, the daily said. "The deal makes Turkish Airlines the world's largest operator of

              Chinese ductile iron pipes firm to establish new factory in Egypt

              STORY: Chinese ductile iron pipes firm to establish new factory in Egypt SHOOTING TIME: March 27, 2024 DATELINE: March 30, 2024 LENGTH: 00:00:32 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of signing ceremony (Courtesy of the Egyptian Cabinet) STORYLINE: China's Xinxing Ductile Iron Pipes Co., Ltd. has signed a land lease contract with Egypt-TEDA SEZone Development Company to build a new factory in the China-Egypt TEDA Suez Economic and Trade Cooperation Zone. The signing ceremony held on Wednesday was attended by Egyptian Prime Minister Mostafa Madbouly, Suez Canal Economic Zone Chairman Waleid Gamaleldien, and other senior Egyptian officials. The project is planned to cover an area of about 270,000 square meters and produce 250,000 tons of ductile iron pipes per year, said Ma Ye, head of the Egypt project of Xinxing Ductile Iron Pipes Co., Ltd. With an investment of approximately 145 million U.S. dollars, the project is expected to generate nearly 200 million dollars in foreign exc

                Deals totaling 8.54 bln USD inked at China-France forum

                STORY: Deals totaling 8.54 bln USD inked at China-France forum SHOOTING TIME: March 20, 2024 DATELINE: March 22, 2024 LENGTH: 00:01:50 LOCATION: WUHAN, China CATEGORY: ECONOMY SHOTLIST: 1. various of the forum 2. various of the project 3. STANDUP (French/English): YUE WENWAN, Xinhua correspondent 4. SOUNDBITE (French): JEROME LE GALL, Deputy general director of ARTE Charpentier STORYLINE: Deals worth 60.6 billion yuan (about 8.54 billion U.S. dollars) covering 58 projects were signed at the 7th China-France Forum on Urban Sustainable Development held in China's Wuhan on Wednesday. The forum was hosted to mark the 10th anniversary of China and France's signing the joint agreement to build the Sino-French Wuhan Ecological Demonstration City. The project, covering an area of 39 square kilometers, has integrated Chinese and French ecological urban construction concepts and is rising as a popular spot for residents and companies. STANDUP (French/English): YUE WENWAN, Xinhua correspondent "Les petits ruisseau

                  Egypt signs agreement with IMF to increase loan from 3 to 8 bln USD

                  STORY: Egypt signs agreement with IMF to increase loan from 3 to 8 bln USD SHOOTING TIME: March 6, 2024 DATELINE: March 7, 2024 LENGTH: 00:00:38 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference (Courtesy of the Egyptian Cabinet) STORYLINE: Egypt signed a financing agreement on Wednesday with the International Monetary Fund (IMF) to increase an initial 3 billion U.S. dollars loan deal to 8 billion dollars, Egyptian Prime Minister Mostafa Madbouly announced at a press conference. As part of the agreement, Egypt will also receive a loan of about 1.2 billion U.S. dollars from a separate facility that promotes environmental sustainability, Madbouly said. Besides the IMF, the prime minister added that other "international partners," including the World Bank, will also provide Egypt with soft loans to support the state in achieving monetary stability through an integrated program. "Our goal during the first period of Egypt's reform program following the IMF agreement is to rationa

                    Egypt receives 15 bln USD from UAE investment for Mediterranean coast project

                    STORY: Egypt receives 15 bln USD from UAE investment for Mediterranean coast project SHOOTING DATE: March 1, 2024 DATELINE: March 2, 2024 LENGTH: 00:00:57 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of a cabinet meeting 2. various of the central bank 3. various of counting banknotes STORYLINE: The Egyptian government announced that it had received five billion U.S. dollars on Friday from the United Arab Emirates (UAE) as part of the latter's multibillion-dollar investment to develop a new city on Egypt's northern coast. According to a statement released by the cabinet, an amount of five billion dollars was received on Thursday as part of the same deal. Additionally, the central banks of both countries have completed the coordination required for transferring a five billion dollar deposit from the UAE to Egypt. "With the receipt of a total of 15 billion U.S. dollars, the first tranche of the 35-billion U.S. dollar investment from UAE has been received," the statement added, adding the rem

                      Senegal gets observer status at gas forum ahead of summit

                      STORY: Senegal gets observer status at gas forum ahead of summit SHOOTING TIME: March 1, 2024 DATELINE: March 2, 2024 LENGTH: 00:03:27 LOCATION: Algiers CATEGORY: ENERGY SHOTLIST: 1. various of the welcome ceremony 2. various of the ministerial meeting STORYLINE: Senegal became an observer member of the Gas Exporting Countries Forum (GECF) on Friday, joining the group of major gas producers at a ministerial meeting in Algiers, the Algerian energy ministry said. The meeting was a prelude to the 7th GECF summit, scheduled for Saturday, in the Algerian capital, where heads of state and government, as well as other senior officials and experts, will discuss the role of natural gas in the global energy transition. Algerian Energy and Mines Minister Mohamed Arkab, who chaired the meeting, stressed the importance of dialogue and cooperation among gas producers and consumers to highlight the benefits of natural gas as a clean, reliable, and affordable energy source, the ministry said in a statement. The GECF, n