The President of the Republic, Abdelmadjid Tebboune, spoke on Saturday evening on the progress of the Trans-Saharan Gas Pipeline (TSGP) project which will transport gas from Nigeria to Europe crossing Niger and Algeria.
“The work continues and there are only 700 to 800 km left to complete” out of the 4,000 km of the project, said President Tebboune, during his interview with Algerian media, recalling, in this regard, “the agreement established concerning this project” between the countries concerned, namely Algeria, Niger, and Nigeria.
Faced with this “economic project”, there is “a fictitious political project that must cross 14 countries, including the occupied Sahrawi territories, and requiring tens of billions”, he said, specifying that honest analysts in the field of energy “know how to separate the wheat from the chaff”.
As a reminder, at the end of last September, the Minister of Energy and Mines, Mohamed Arkab, announced in Algiers an “upcoming” meeting between the Ministers of Energy of the three countries concerned by the trans-Saharan gas pipeline (Algeria, Niger, Nigeria), to inquire about the progress rate of this “strategic” project.
“We are not thinking of joining BRICS+”
As for Algeria’s decision to turn the page on BRICS membership, the President of the Republic said: “We are not thinking of joining BRICS+, our attention is focused on our membership in the BRICS Bank, which is no less important than the World Bank.”
He reported the approval by this financial institution (New Development Bank) of Algeria’s membership as a shareholder in its capital to the tune of 1.5 billion dollars in stages, stressing that this membership “strengthens Algeria’s role as an emerging country.”
At the end of August, Algeria was officially authorized to become a member of the New Development Bank (NDB), known as the BRICS Bank.
Algeria has definitively turned the page on its membership in BRICS, even though it is a member of the Group’s Bank, reported El Moudjahid on September 28, citing a government source “very familiar with this matter.”
