5 Hrs
Source:
المساء
Al-Afami Praises Algerian Reforms
The Minister of State and Minister of Petroleum, Mohamed Arkab, presented a report on the development of the petroleum sector in Algeria, focusing on structural and organizational reforms to enhance investment attractiveness, expand oil and gas production capacity, and reduce the carbon footprint. He discussed major investment projects, including the 2026 international tender round, Algeria's commitment to developing renewable energy sources and improving water security, as well as efforts to strengthen technical cooperation and develop human resources. The International Monetary Fund praised Algeria's efforts to support sector stability and achieve sustainable development.
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