Algeria and Saudi Arabia explore expanded partnership

The Algerian and Saudi sides agreed to strengthen cooperation in the fields of oil, energy, and renewable energies during a meeting on the sidelines of the Energy Week in Riyadh. The discussions focused on exploring investment and development opportunities in oil and gas fields, boosting petrochemical industries, and reducing the carbon footprint through projects aimed at lowering methane emissions. Additionally, they emphasized collaboration in seawater desalination and the development of solar energy and clean hydrogen technologies. The two parties also reaffirmed their commitment to implementing OPEC+ agreements to support the stability of the oil market, while expanding cooperation in electricity, renewable energy, and energy efficiency, as well as enhancing partnerships and investments between their respective national institutions.

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