Algeria names new energy minister in government reshuffle ...Saudi Arabia

Sun, 2021-02-21 20:56 ALGIERS: Algeria named a new energy minister in a government reshuffle on Sunday, the presidency said on Sunday. Mohamed Arkab, a former mining minister, replaced Abdelmadjid Attar, it said in a statement. Arkab had been energy minister from April 2019 to June 2020 when he was replaced by Attar in a reshuffle by President Abdelmadjid Tebboune. OPEC member Algeria has been seeking to attract more foreign investors after a fall in oil and gas output, causing a drop in energy export earnings which account for 60 percent of the state budget and 94 percent of total export revenues. The government early last year approved a new energy law offering attractive terms to inve

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