24 Hrs
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الجمهورية
Aorak praises Riyadh as Algeria seeks investment
The Algerian Minister of State and Minister of Hydrocarbons, Muhammad Arqab, clarified that global demand for oil and gas will continue to grow in the coming decades, driven by population growth, economic development, and industrialization in emerging economies. He pointed to Algeria's efforts to develop its hydrocarbon resources, strengthen its infrastructure, and attract international investments through the "Algeria Bid Round 2026" bidding cycle. He also anticipated that Asia, Africa, and the Middle East will remain key centers of energy demand growth in the future.
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