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Source:
النهار أونلاين
Arakab: Algeria seeks to boost energy and industry links
The Minister of State and Minister of Hydrocarbons in Algeria revealed that the country continues to exploit its hydrocarbon resources responsibly and sustainably, in order to enhance its position as a reliable energy supplier and to support economic development. These efforts are part of the broader development of the oil and gas sector through investments in infrastructure, increasing production and storage capacities, and expanding reserves. The 2026 Algerian tender round presents a new opportunity to attract investments and long-term partnerships, with contract signing expected in March 2027. Meanwhile, Algeria is focused on modernizing Sonatrach’s facilities and promoting local content, with an emphasis on technologies such as digitization and artificial intelligence to boost efficiency and the competitiveness of the energy industry.
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