12 Hrs
Source:
AL24 News
Algeria Outpaces UAE in Naphtha Supply to South Korea
Algeria has made significant progress in the Asian energy market, leading the list of naphtha suppliers to South Korea during the first half of 2026 with a share of 17.2% of the total, surpassing the UAE. This success resulted from a continuous increase in Algeria's market share in Korea, which rose from 12.9% in 2024 to 15.6% in 2025, and exceeded 17% at the beginning of 2026. This reflects Algeria's growing export capabilities and its advantage of a strategic geographical position in the Mediterranean, offering flexible logistical options for transporting raw materials to Asian markets. South Korea emphasizes the importance of cooperation with Algeria, especially in the energy sector, with a desire to expand industrial and petrochemical relations, benefiting from Algeria’s resources and strategic location.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)