Algeria and Kuwait Seek Econ Cooperation in Hydrocarbons

During the 25th World Petroleum Congress in Riyadh, Algeria and Kuwait discussed strengthening cooperation in the hydrocarbons sector, emphasizing the stability of global oil markets and encouraging Kuwaiti investments in the Algerian market. The two parties called for coordination within OPEC and the OPEC+ alliance to support market balance, with indications of Kuwait's interest in establishing long-term projects with Algeria in the oil and gas industry. Both sides also reaffirmed their commitment to sustainable investment flows and to serving the interests of both producers and consumers.

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