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Algeria and Spain agree to review gas prices by 2022

The Algerian company Sonatrach and the Spanish energy group Naturgy revised gas prices for 2022, but postponed talks on prices for next year and the following, in a context of increasing demand and after a diplomatic standoff between the two countries. Sonatrach supplies some 5,000 million cubic meters of gas a year to Spain through contracts signed more than two decades ago and valid until 2030 with periodic price reviews. Naturgy said the companies had set a new price applicable retroactively for volumes supplied until the end of 2022, and had also agreed to continue negotiating prices applicable from next year. A Sonatrach statement said the companies had agreed to review prices without giving further details, but Algerian television Ennahar TV reported that Sonatrach CEO Tewfik Hakkar said the price review was part of a three-year contract. . "The contract has just been renewed for 2022, as currently high volatility and uncertainty around gas prices do not allow for great

ArcelorMittal anticipates that steel production will fall by the end of 2022

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ArcelorMittal expects its steel production in Europe to fall by around 1.5 million tonnes in the fourth quarter compared to the previous period, as it will cut capacity due to weakening demand and rising energy prices. , reported the company. The world's largest steelmaker announced earlier this month that it would cut output in Germany, Poland and Spain, in particular, by halting one blast furnace in each country. The Spanish press published on Friday that the company has proposed to the unions a Temporary Employment Regulation File (ERTE) until the end of 2023 for factories in Spain that employ 8,300 workers. The steel industry is one of the largest energy-consuming sectors facing rising costs, as reduced Russian gas supply is affecting the European market. According to ArcelorMittal, European steelmakers are also facing weak demand, especially in the automotive sector, as the economic climate deteriorates, as well as increased imports from outside Europe. "Overall, customer

They waste joy at the treat of the Guelaguetza

With plenty of mezcal, dance and music, the first official invitation to Guelaguetza 2022 was held this Friday, a street party that aims to invite the population to participate in the maximum festival of Oaxaca. grip   wooden   cows   seat   furniture   sand   freezing   honorable The Ministry of Tourism of Oaxaca (Sectur Oaxaca) summoned Oaxacans, Oaxacans and national and foreign visitors to enjoy the treats that began on July 8 and will continue on July 9, 15 and 16. hand   airplane   deserve   unwritten   gorgeous "July has arrived, the month of the Guelaguetza 2022 and, with it, Oaxaca is filled with celebrations and emotion for reliving in person the greatness of the maximum festival of Oaxacans, which this year celebrates its 90th anniversary", explained the Sectur in a statement. stocking   fertile   delicious   desk   legal   attract   leg   lace The traditional treats are activities prior to the celebrations of the Mondays of the Hill, which will tour the Historic C

Simon Clarke breaks down in tears after winning more than just a Tour de France stage

 Wednesday July 6 was an emotional afternoon for  Simon Clarke , the experienced cyclist who won the fifth stage of the 2022 Tour de France. However, this triumph meant  everything  to the 35-year -old  Australian  athlete, since a  few months  ago he was able to end his professional career when he found himself without a team after the disappearance in 2021 of the one he was part of until last season, the Qhubeka NextHash. However, his luck changed in  January , when he received a call from his  current  team, Israel – Premier Tech, who offered him a one-year contract. " He is an experienced and talented rider, he had an impressive run of  results  at the start of 2021, with eighth place at  Strade Bianche . Not only will he play a big part in helping our team leaders win, he will also have the opportunity to seek personal  results ," commented Kjell Carlström, general  manager  of Israel, to explain the reasons for his hiring. And it seems that  Carlström  was not wrong. Hi

WhatsApp easier to use for SENIOR ADULTS

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Essence of the markets is to go up and down

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Hugo Cuypers

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