Algeria's International Collaboration: Forging Partnerships for Growth and Sustainability
In the first quarter 2024, Algeria has been actively strengthening its economic, political, and cultural cooperation around the world. From the Americas to Africa, and Europe to Asia, Algeria is committed to building robust international relationships based on mutual respect and shared benefits.
In the Americas, Algeria is exploring investment opportunities with Venezuela and the United States. In Asia, cooperation agreements are being forged with countries like China, Vietnam, Iran, and Azerbaijan. In Europe, efforts are focused on enhancing economic ties with Italy and Germany. In Africa, strategic partnerships are being established with Mauritania and Benin.
These diverse partnerships highlight Algeria's global vision and dedication to contributing to regional and international development.
Stay tuned as I delve into the key events and developments of this Mai 2024
Before we begin, let's delve into the latest World Bank report on Algeria
The World Bank recently commended Algeria's economic growth and declining inflation rate. It emphasized the need for investing in data to bolster the country's drive for sustainable and diversified growth.
In its latest report, the World Bank highlighted Algeria's GDP growth of 4.1% in 2023, driven by robust non-hydrocarbon sectors. It attributed this growth to dynamic private consumption and substantial investment, alongside record natural gas production. Inflation moderated to 5.0% in early 2024 due to a strong dinar and lower agricultural and import prices.
The report underscored recent reforms in Algeria, such as investment laws and participation in free trade agreements, as crucial for stimulating private investment and diversification.
Additionally, it stressed the strategic importance of data for policymaking and the potential of alternative data sources for real-time economic monitoring.
Kamel Braham, the World Bank's Resident Representative in Algeria, highlighted Algeria's efforts in digitization and data systems, noting their role in reducing economic uncertainty and supporting investment and growth. (24 Mai 2024)
1. Economic Cooperation
Algeria / Africa
The 10th edition of the African Investment and Trade Forum (AFIC10) kicked off in Algiers on Saturday under the theme "AFIC10: the road to the African market," with the participation of over 250 investors and businessmen from 39 countries. The opening ceremony, attended by government officials, diplomatic representatives, and business leaders, featured key figures such as the Secretary General of the African Continental Free Trade Area (AfCFTA), and the President of the Arab Bank for Economic Development in Africa (BADEA). With nearly 800 participants directly linked to the economic sector, the forum aims to facilitate bilateral meetings and site visits to explore partnership opportunities and exchange expertise, highlighting Algeria's economic potential.
Minister Rekhroukh emphasizes Algeria's pivotal role in regional and continental integration at AFIC10, promoting intra-African trade and fostering collaboration.
The 10th African Investment and Trade Forum (AFIC10) in Algiers emphasized Algeria's pivotal role in continental economic integration. Recommendations included overcoming administrative hurdles, prioritizing AfCFTA, and embracing digital transformation for growth. The event saw over 60 agreements signed, fostering intra-African trade and regional cooperation.
President Abdelmadjid Tebboune, represented by Agriculture Minister Youcef Cherfa, emphasized Algeria's leading role in global fertilizer production and its commitment to sustainable agriculture at the African Summit on Fertilizers and Soil Health in Nairobi. He emphasized Algeria's capacity to meet local and global fertilizer demand and its plans to double production by 2033. Tebboune also stressed the importance of African cooperation to enhance food security and combat soil degradation amidst global challenges.
Cherfa highlighted Algeria's role in fertilizer production and its commitment to supporting African agriculture on fertilizers and soil health. He discussed Algeria's efforts, and support farmers, emphasizing the country's contributions to sustainable agriculture in Africa.
He highlighted also the crucial role of natural gas in fertilizer production.
This summit, organized by the African Union and Kenya, aims to promote sustainable agricultural growth in Africa.
Algeria is attending the 4th regular session of the African Union 's Specialized Technical Committee on Trade, Tourism, Industry, and Mineral Resources in Malabo, Equatorial Guinea. The delegation, led by the Chief of Staff of the Ministry of Commerce and Export Promotion, includes representatives from various ministries. Discussions was covered continental topics such as e-commerce, special economic zones, and African startups in trade, industry, tourism, and minerals.
During this 4th session of the African Union's, Algeria reaffirmed its commitment to backing initiatives for economic cooperation and integration across Africa. Led by the Ministry of Commerce and Export Promotion's Chief of Staff, the Algerian delegation contributed significantly to discussions on various topics including startups, e-commerce, support for small businesses, and green economy. Algeria emphasized its dedication to being a committed partner in advancing continental trade for a brighter future in Africa.
At the SIPSA-FILAHA exhibition in Algiers, the AU's Commissioner for Agriculture, Ms. Josefa Sacko, praised Algeria's robust agricultural sector, citing its resilience during the COVID-19 pandemic. She highlighted the potential for Algeria to enhance intra-African trade, particularly within the AfCFTA framework. Ms. Sacko also noted Algeria's efforts to diversify its economy, presenting opportunities for strengthened trade relations within Africa. The exhibition, featuring over 700 exhibitors from 39 countries, showcases a variety of agricultural products and sustainable practices. International pavilions and conferences, such as the Pan-African Food Debate, further promote collaboration and solutions for regional challenges.
Experts at the Pan-African Food Debate Conference in Algiers recommended aligning African agriculture with forestry and agro-ecology. They emphasized the need to combine formal knowledge with farmers' expertise for sustainable development. The conference also celebrated the commitment of African youth and announced plans for further discussions in Dakar, Senegal.
During his visit to Brazzaville, Republic of the Congo, Minister of Energy and Mines Mohamed Arkab highlighted Algeria's support for the African Petroleum Producers Organization (APPO) in training and developing new techniques in the oil sector. He emphasized Algeria's commitment to providing resources for Africa's oil training and technological advancements. Minister Arkab also underscored Algeria's role in the ongoing reforms within the organization, particularly in infrastructure, technology, and oil-related training.
The Minister of Industry and Pharmaceutical Production, Ali Aoun, announced the study of a local aluminum production project in partnership with IMETAL and an African bauxite producer . This project aims to develop local raw material processing industries and reduce import costs.
During a Council of the Nation session, Aoun highlighted that aluminum production from bauxite, which is not found in Algeria, requires environmental precautions due to its polluting nature.
ALGIERS - Algeria's proposals for enhancing economic integration within Africa received a green light at the recent AU Specialized Technical Committee session in Malabo. The nation's efforts to foster startup ecosystems and promote sustainable development garnered praise, with plans underway for the 4th Intra-African Trade Fair in September 2025, hosted by Algeria. The session, held from May 13th to 17th, focused on bolstering Africa's trade competitiveness through tourism, industrial, and mineral resource development.
Algeria / Republic of the Congo
Mohamed Arkab, Algeria's Minister of Energy and Mines, visited the Republic of Congo to discuss cooperation . He met with Congolese officials to explore partnership opportunities in energy and mining. This visit aims to strengthen ties between the two countries and build on previous discussions held in Algeria in 2022.
Algeria's Energy and Mines Minister, Mohamed Arkab, met with Congo's Minister of Hydrocarbons, Bruno Jean-Richard Itoua, in Brazzaville. They discussed strengthening energy ties, particularly in hydrocarbons, during Arkab's visit to Congo from May 20th to 22nd.
The ministers explored ways to enhance their countries' relationship , focusing on Algeria's expertise in hydrocarbon research, exploration, development, and refining. Algeria offered support through knowledge transfer and training.
Both ministers acknowledged their joint efforts within OPEC and the African Petroleum Producers' Organization (APPO). They reviewed progress since discussions began in May 2022, including visits by experts and cooperation in natural gas development and refining.
The visit highlights ongoing collaboration, including agreements like the training accord between Algeria's Institute of Petroleum and Congo's Sonahydroc.
Algeria's Energy and Mines Minister, Mohamed Arkab, met with Congo's Energy and Hydraulics Minister, Emile Ouosso, in Brazzaville. They discussed enhancing cooperation in electricity production, transmission, training, and maintenance. They emphasized mutual commitment to sustainable economic development and explored avenues for collaboration in various electrical domains, including renewable energy.
Algeria and the Republic of Congo have signed an agreement to strengthen cooperation in the hydrocarbon sector. The agreement, signed in Brazzaville, focuses on investment opportunities for Algeria's Sonatrach in Congo's oil and gas exploration. It also includes sharing expertise in gas sector development and technical assistance in petrochemicals. Additionally, a roadmap was signed to enhance cooperation between Sonatrach and the Congolese National Petroleum Company. The Congolese delegation will visit Algeria soon to further discuss cooperation in hydrocarbon exploration.
During his visit to the Republic of Congo, Minister of Energy and Mines Mohamed Arkab met President Denis Sassou-Nguesso in Brazzaville. They discussed strengthening bilateral ties, especially in hydrocarbons, electricity, renewable energy, and mining. President Sassou-Nguesso affirmed Congo's commitment to deepening cooperation with Algeria. Arkab also met with Prime Minister Anatole Collinet Makosso to discuss bilateral relations in the energy and mining sectors. They highlighted the recent official visits between the two countries, underscoring efforts to boost economic cooperation.
Algeria / Mauritania
The 6th Algerian Products Fair in Nouakchott, Mauritania, boasted participation from 183 exhibitors. Attending the opening ceremony were high-ranking officials and business leaders from both countries. Mauritanian businesses showed keen interest in forging partnerships with Algerian counterparts across sectors like construction, pharmaceuticals, cosmetics, food industries, and international transport services. The fair, part of Algeria's international economic events program, aimed to highlight Algerian products and bolster economic cooperation. Additionally, a memorandum was signed between Algeria Chemical Specialities Holding and a Mauritanian company. The fair concluded with the signing of ten (10) cooperation agreements spanning various sectors, marking a successful end to the event.
Algerian Minister of Agriculture and Rural Development, Youcef Cherfa, met with his Mauritanian counterpart, Memma Beibatta Hmalla, in Algiers to discuss enhancing ties and exchanging expertise in agriculture. Discussions focused on development strategies to bolster food security and create wealth in both countries. The visit of the Mauritanian minister is part of his participation in the International Exhibition of Agriculture, Livestock, and Agro-industry "SIPSA-FILAHA".
Algeria / Tunisia
In Algiers, the Algerian-Tunisian Customs Cooperation Commission, led by the Directors General of Customs from both countries, discussed ways to enhance cooperation. They focused on improving border efficiency , combating fraud, and sharing information. Major General Bakhouche stressed the importance of closer ties to facilitate trade and combat crime. The Tunisian Customs Director General hailed the meeting as a chance to strengthen collaboration.
The Algerian-Tunisian Joint Customs Cooperation Commission wrapped up its meeting in Algiers with the signing of a joint report. The report aims to enhance collaboration between the two countries in various customs areas. Major General Abdelhafidh Bakhouche and Tunisian counterpart Zouheir Mejri signed the document. Discussions focused on evaluating past cooperation and enhancing border control. Both sides agreed to intensify cooperation in training, capacity building, and information exchange. The meeting, held under a cooperation agreement signed in Tunis in 1981, covered combating fraud and exchanging expertise.
During a forum in Sorrento, Italy, Mohamed Arkab, Algeria's Energy and Mines Minister, met with Tunisia's Minister of Industry and Energy, Fatma Thabet Chiboub. They discussed strengthening cooperation in energy and mining. Topics included current cooperation status, hydrocarbon and electricity projects, renewable energy, and upcoming bilateral meetings.
Algeria / Europe
In London, Minister Yacine El-Mahdi Oualid showcased Algeria's initiatives to bolster the start-up ecosystem. He highlighted policies supporting foreign investment and fostering innovation, emphasizing the country's commitment to knowledge-based economy. Algeria's openness to foreign investment, driven by new investment laws and continental integration efforts, was underscored. The minister engaged in discussions, promoting Algerian start-up opportunities and fostering partnerships during the MENA Conference at the London Business School and other meetings.
Batimatec 2024, the 26th International Building, Construction Materials, and Public Works Exhibition, commenced in Algiers. With over 900 exhibitors from 14 countries , the event covers 40,000 square meters and features various sectors of the construction industry. Notable topics include urban development, circular economy, and strategic management, alongside the "Golden Cart" competition for young architects. The inauguration was attended by high-ranking officials, including ministers and the governor of Algiers.
Algeria and the EU are striving to diversify and strengthen European investments in Algeria. Minister Ali Aoun highlighted the importance of moving beyond hydrocarbons to reduce trade disparities. The conference focused on fostering win-win partnerships and creating a safe investment environment. Algeria's transition to innovation-driven economics and its regional integration efforts were also emphasized, offering a promising landscape for mutual economic growth.
In Sorrento, Italy, the 3rd International Forum started, attended by Minister Mohamed Arkab. The forum aims to discuss growth in Southern Italy and Mediterranean countries, bringing together public and private sectors, academia, and research institutions. Topics include current geopolitics, socioeconomics, food security, and a new energy vision. Hosted by "The European House-Ambrosetti," the forum is under Valerio De Molli's presidency, with the sponsorship of the Italian Government and the participation of ministers, politicians, economists, and intellectuals from the Mediterranean region.
Algeria / Italy
Minister of Agriculture and Rural Development, Youcef Cherfa, met with Fabrizio Saggio, Diplomatic Advisor to the Italian Prime Minister on the "Mattei Plan for Africa". They reviewed the state of bilateral relations and discussed enhancing cooperation between Algeria and Italy.
Sonelgaz CEO, Mourad Adjal, met with Italian Ambassador Alberto Cutillo to discuss boosting cooperation with Italian firms in Algiers. They aim to strengthen ties in energy, including plans for an undersea cable linking Algeria to Italy and training programs. Adjal welcomed the proposal, highlighting Sonelgaz's training infrastructure and readiness to collaborate with Italian institutions.
ALGER - Italian and Chinese companies plan to build elevator factories in Algeria to support "AADL" housing projects, announced Housing Minister Mohamed Tarek Belaribi.
During a visit to the 13,300 "AADL" housing units in Sidi Abdallah, Algiers, Belaribi stated that agreements have been made with Italian and Chinese partners to establish 100% Algerian elevator plants. This initiative aims to bring advanced technology to Algeria and support the construction of high-rise buildings in the "AADL 3" program, with towers of fifteen to twenty stories.
Belaribi highlighted that taller buildings are needed due to land scarcity in major cities, ensuring efficient land use. The "AADL 3" buildings will feature improved architectural designs and spacious landings. The necessary studies and specifications for the project have been completed.
Algeria / Poland
A business forum in Algiers saw Algerian and Polish entrepreneurs eager to boost investment partnerships and trade relations . Over 140 Algerian businesses and a delegation from 15 major Polish companies attended the event. Algeria's stable economic environment and improved business climate were highlighted, alongside Poland's status as the fifth-largest economy in the EU. Talks emphasized exploring investment opportunities, especially in agriculture and renewable energy. The forum concluded with the first session of the Algerian-Polish Business Council, formed to enhance economic cooperation.
Algeria / Russia
Algerian-Russian Economic Partnership Meeting
Representatives from Algeria and Russia, including Russian Commercial Representative, held a working meeting on May 13, 2024. The meeting involved the Russian trade representation and the Chamber of Commerce and Industry of Constantine, represented by Chamber President.
The aim was to enhance partnership relations to promote investment under a win-win framework. The meeting included comprehensive presentations on both countries' industrial and trade sectors. This initiative serves as an initial step, with future bilateral meetings planned to facilitate economic partnerships between Algerian and Russian economic operators across various sectors.
Algeria / Aisia
Algeria / China
Algeria's High Commissioner for Digitalization, Meriem Benmouloud, met with China's Minister of Industry and Information Technology, Mr. Jin Zhuanglong, during her visit to China. They discussed cooperation in digitalization and the digital economy, culminating in the signing of a memorandum. This agreement reflects the commitment of both countries' leaders to deepen bilateral ties.
Algeria / Bahrain
Commerce Minister Tayeb Zitouni called for stronger Arab economic integration during the Council of Arab Economic and Social Affairs meeting in Manama, ahead of the 33rd Arab Summit.
Zitouni emphasized the need for increased cooperation to build a solid economic base and achieve sustainable development in the region. He highlighted Algeria's efforts in supporting the Palestinian cause, including humanitarian initiatives and financial aid.
He expressed hope that the Bahrain Summit would enhance Arab cooperation in various fields such as economy, security, and tourism.
Dr. Abderrahmane Senouci, from Algeria's High Islamic Council (HCI), presented Algeria's strides in Islamic finance at Bahrain's 22nd Accounting and Auditing Organization for Islamic Financial Institutions conference. He detailed Algeria's journey since 2020, including regulatory changes and laws integrating Islamic finance into the monetary system. Dr. Senouci highlighted positive economic impacts and upcoming government measures to enhance Islamic finance, earning praise from conference participants for Algeria's efforts.
Tayeb Zitouni, Algeria's Minister of Trade and Export Promotion, participated in the Arab Economic and Social Council (CESA) meeting in Manama. This gathering preceded the 33rd Arab Summit in Bahrain (16 Mai 2024). Discussions covered various topics, including Arab social action and strategies for addressing economic challenges.
The Minister met also with the President of the Board of Directors of the Bahrain Chamber of Commerce and Industry, Samir Abdullah Nass, and other members of the chamber in Manama. They discussed ways to enhance economic cooperation between Algeria and Bahrain. During the meeting, Zitouni explored avenues for boosting bilateral trade and launching joint investments in both countries.
Zitouni and his Bahraini counterpart, Fakhro, agreed to activate a joint cooperation commission . Zitouni highlighted investment opportunities in Algeria, while Fakhro expressed interest in Bahraini investments. They agreed to enhance bilateral relations and establish a joint Business Council.
Algeria / Indonesia
During the 10th World Water Forum in Bali, Algeria's Minister of Hydraulics, Taha Derbal, met with the Indonesian Minister of Public Works and Housing, Basuki Hadimuljono. They discussed bilateral relations and opportunities for cooperation , focusing on water management. Topics included water projects, seawater desalination, and treated water reuse in agriculture. Derbal highlighted Algeria's expertise and stressed environmental considerations. Hadimuljono expressed Indonesia's interest in learning from Algeria's experience, especially in desalination, given Indonesia's water scarcity issues.
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Algeria / Qatar
Algerian Minister of Industry and Pharmaceutical Production, Ali Aoun, met with the President of the Qatar Chamber's Board of Directors, Sheikh Khalifa Bin Jassim Al Thani, in Algiers. They discussed ways to strengthen bilateral cooperation in the industrial sector, particularly in manufacturing and agro-food industries. Both sides emphasized the importance of coordinating efforts to develop new projects and establish partnerships beneficial for both countries.
Algeria's Trade and Export Promotion Minister, Tayeb Zitouni, met with Qatar Chamber President, Sheikh Khalifa Bin Jassim Al Thani, in Algiers. They discussed ways to improve trade between Algeria and Qatar. They also talked about increasing investments from Qatar in Algeria. The meeting was attended by the Qatari Ambassador to Algeria, Abdulaziz Bin Ali Ahmed Al-Naama. Both sides agreed to explore more business opportunities and strengthen their partnership.
Algeria / Turkey
The Algeria-Turkey Joint Commission's 12th session in Ankara. Chaired by Algeria's Minister of Energy and Mines and Turkey's Minister of Family and Social Services, the meeting aims to assess cooperation progress since the last session in 2021. It also explored ways to enhance collaboration in various areas of mutual interest. The meeting reflects a growing momentum in bilateral relations, supported by recent high-level visits.
Algeria and Turkey have agreed to boost their weekly flights from 35 to 80 each. This decision was reached at the conclusion of the 12th session of their Joint Commission on Economic, Scientific, and Technical Cooperation in Ankara. The meeting highlighted the strong bilateral relations and the shared commitment to enhance cooperation across various sectors. This increase reflects the growing partnership between the two countries, supported by a Friendship and Cooperation Treaty signed in 2006 and recent high-level visits.
The 12th Algerian-Turkish Joint Intergovernmental Commission meeting in Ankara concluded with a memorandum aimed at boosting cooperation across sectors like energy, mining, manufacturing, and more. The agreement, signed by Ministers Arkab and Ozdemir, signals a commitment to expanding trade and investment. Talks also highlighted plans to increase flight frequency and enhance economic exchanges. Both nations are focused on reaching $10 billion in trade and expanding joint ventures.
Algeria's Energy Minister, Mohamed Arkab, met with Turkey's Vice President, Cevdet Yilmaz, during their 12th joint session. Yilmaz conveyed greetings from Turkish President Recep Tayyip Erdogan to Algerian President Abdelmadjid Tebboune. They discussed boosting cooperation in energy, mining, industry, and technology. Yilmaz also praised Algeria's support for the Palestinian cause at the UN Security Council.
Algeria / Saudi Arabia
During the 10th World Water Forum in Bali, Algeria's Minister of Hydraulics, Mr. Taha Derbal, held discussions with Saudi Arabia's Minister of Environment, Water, and Agriculture, Mr. Abdulrahman bin Abdul Mohsen Al-Fadhli. They explored opportunities to strengthen bilateral cooperation and expressed their mutual desire to enhance relations across various common interests. Additionally, the Saudi minister visited the Algerian booth at the exhibition center, showing interest in Algeria's water management techniques and achievements.
Algeria / Irak
During the 10th World Water Forum in Bali, Algeria's Minister of Hydraulics, Taha Derbal, held talks with the Iraqi Minister of Water Resources. They discussed deepening cooperation in water management, with Iraq expressing interest in Algeria's expertise, particularly in water reuse. Derbal also explored enhancing collaboration with the Cuban National Institute of Hydraulic Resources, focusing on exchanging experiences in water resource management, including seawater desalination.
Algeria / Lebanon
Mr. Zitouni met with his Lebanese counterpart, Amine Salam, in Manama. They discussed ways to strengthen economic and trade cooperation between Algeria and Lebanon. The meeting took place at the Bahrain Chamber of Commerce and Industry (BCCI) during Zitouni's participation in the ministerial-level Economic and Social Council meeting ahead of the Arab Summit. Both ministers expressed a desire to enhance bilateral relations across various sectors, particularly in trade and investment, to bolster Arab economic integration and complementarity.
2. Energy Cooperation
Meetings with Minister Arkab:
Mohamed Arkab, Algeria's Energy Minister, met with Equinor's Executive Vice President, Philippe Mathieu, in Algiers. They discussed expanding Equinor's activities in Algeria and strengthening their partnership , especially in oilfield development and environmental initiatives. Mathieu expressed Equinor's interest in enhancing its presence in Algeria as it celebrates its 20th anniversary in the country this month.
Minister of Energy and Mines, Mohamed Arkab, met with TECHNOEDIF Engineering , a company specializing in oil and gas engineering services. They discussed opportunities for cooperation and investment in energy, including modern technology for hydrocarbons and training programs in Algeria. They emphasized sharing experiences and forming partnerships in various energy sectors.
Minister of Energy and Mines, Mohamed Arkab, hosted Mohamed Hamel, the Secretary General of the Gas Exporting Countries Forum (GECF), at the ministry's headquarters. They discussed Algeria's successful hosting of the 7th GECF Summit and the country's role in the organization . Hamel expressed gratitude for Algeria's efforts and praised President Abdelmadjid Tebboune's leadership. Their meeting also focused on implementing GECF policies and enhancing cooperation in gas research and technology. They agreed to establish a specialized working group to develop a roadmap for future collaboration.
Minister Mohamed Arkab met with Nicolas Monti, CEO of Italian company Edison, during the 3rd International Forum in Sorrento, Italy. They discussed cooperation between Sonatrach and Edison , exploring energy investment opportunities in Algeria. Topics included natural gas exports to Italy, potential electrical connections, and Algeria's renewable energy capabilities. They also talked about the South Corridor project for hydrogen exports and cooperative efforts to support African countries' development. Discussions covered training, expertise exchange, and technology transfer.
Algeria's Energy Minister, Mohamed Arkab, welcomed ExxonMobil's team led by John Ardill, VP for Research and Exploration. They discussed a protocol agreement between Sonatrach and ExxonMobil on exploring hydrocarbon resources in Algeria. Both emphasized operational excellence, innovation, and environmental sustainability. They also highlighted investment opportunities and commitment to mutual cooperation.
Algeria is working hard to decrease pollution from its hydrocarbon sector. Minister Mohamed Arkab highlighted steps to cut gas flaring and launch extensive reforestation projects led by Sonatrach.
During a parliamentary session, Arkab stressed Algeria's pledge to reduce greenhouse gas and flared gas emissions. Collaborative measures with local and global partners aim to monitor and control emissions effectively.
Sonatrach plans a large-scale tree planting program in southern Algeria, aiming to plant 420 million trees across 520,000 hectares. This initiative fights climate change, creates jobs, and improves living conditions.
Furthermore, a commission is established to develop a plan for reducing methane emissions, with several projects already underway. Algeria is aligning its efforts with global environmental policies, including the European Union's Carbon Border Adjustment Mechanism.
Sonatrach's modernization program, backed by substantial funding, aims to increase hydrocarbon reserves and primary production using advanced exploration techniques. Significant funds are also allocated for environmental projects, including solar energy and hydrogen production initiatives.
SONATRACH
Sonatrach, Algeria's national energy company, and its Italian partner ENI signed a protocol agreement to launch a new exploration and production program in an area covering multiple contractual perimeters. This agreement aims to enhance cooperation and develop the hydrocarbon potential of the Zemoul El Kbar, Rourde El Louh-Sif Fatima, and Rhourde Messaoud Nord areas. The agreement outlines the framework for cooperation and sets the stage for potential hydrocarbon contracts under Algerian law. Both companies already operate in these areas under existing contracts governed by Algerian hydrocarbon regulations.
Sonatrach, the Algerian energy company, signed a Protocol Agreement with the American company ExxonMobil for the collaborative development of hydrocarbon resources in Algeria. This agreement aims to explore opportunities for developing hydrocarbon resources in the Ahnet and Gourara basins, focusing on operational excellence, technological innovation, environmental protection, and sustainable practices. The signing ceremony took place at Sonatrach's headquarters in Algiers, attended by Sonatrach's CEO Rachid Hachichi and executives from both companies. Ferhat Ounoughi, Sonatrach's Vice President of Business Development and Marketing, and John Ardill, ExxonMobil's Vice President of Exploration & New Opportunities, signed the agreement.
Sonatrach's CEO, Rachid Hachichi, lauds the agreement with ExxonMobil as a milestone. This pact aims to enhance Algeria's hydrocarbon industry across the board, leveraging ExxonMobil's expertise. Hachichi underscores Algeria's commitment to sustainable development , echoing President Abdelmadjid Tebboune's economic agenda. ExxonMobil's Vice President, John Ardill, hails Algeria's historic role and pledges support for its energy ambitions. Ferhat Ounoughi from Sonatrach expresses optimism about the partnership's potential, focusing on operational excellence and environmental responsibility.
Sonatrach has inked a deal with an international consortium including Baker Hughes, Nuovo Pignone International, and Tecnimont to construct boosting facilities at the Hassi R'mel gas field. This project aims to maintain gas production levels by installing boosting infrastructure. It involves building three compression stages, refurbishing the gas collection network, and setting up demercurization units. The project is expected to be completed in 33 to 39 months, with boosting stages operational by 2027. This initiative ensures continued gas production and meets market demands.
Diverse Energy Collaborations
ALNAFT, Algeria's hydrocarbon resource agency, has signed an agreement with the Norwegian company Equinor to conduct a study on Algeria's hydrocarbon potential. The agreement, signed on Monday with Equinor Algeria B.V, aims to define the terms and conditions for Equinor to carry out the study. The study, which will last for eighteen months with the possibility of extension, will assess Algeria's hydrocarbon potential. Equinor has been present in Algeria since 2004.
Sonelgaz CEO, Mourad Adjal, met with Hyundai Engineering's CEO, Dong Joon Kim, in Algiers to review the progress of their joint projects. They discussed the implementation of previous decisions and emphasized the importance of meeting contractual deadlines. Kim expressed satisfaction with Sonelgaz's commitment to their agreements.
Three agreements were signed in Algeria between national companies and foreign partners for mining and metallurgical projects. These projects aim to bolster the country's mining sector and contribute to its economic growth. The agreements were overseen by Minister Mohamed Arkab during a commemorative event, highlighting the ongoing efforts to develop Algeria's mineral resources and the recognition of workers' contributions to the sector's advancement.
A Kenyan energy delegation has been touring Sonatrach Group and its facilities in Algeria since last Tuesday. Led by officials from the Kenyan Ministry of Energy and Mines and accompanied by the Kenyan Ambassador to Algeria, Peter Katana Angore, the visit aims to strengthen bilateral ties and explore cooperation opportunities. The delegation visited Sonatrach's headquarters, received presentations on subsidiaries, and toured key energy sites, showcasing Kenya's interest in learning from Algeria's expertise in the energy sector.
Abdelkrim Aouissi, Secretary-General of the Ministry of Energy and Mines, met with a Zarubezhneft delegation to discuss investment opportunities in Algeria's hydrocarbon sector. Talks focused on developing oil fields, local equipment production, and reducing emissions.
The Zarubezhneft team, led by Vice-President Terentyev Vycheslav, and the Russian ambassador highlighted cooperation with Sonatrach under a new memorandum of understanding. Both sides aim to strengthen partnerships, emphasizing knowledge transfer and local integration.
Minister Mohamed Arkab emphasized Algeria's dedication to strengthening the Trans-Saharan Gas Pipeline, crucial for European gas supply and the region's socio-economic development. Algeria is also discussing the South H2 Corridor to transport renewable hydrogen to Europe. Arkab highlighted the importance of partnerships for infrastructure development and Algeria's ambition to become a leading hydrogen supplier. Additionally, Algeria invests $3 billion in the North-South Mediterranean electrical interconnection project to enhance renewable energy integration and support neighboring African countries' access to clean electricity.
3. Algeria Joins Global Water Forum in Bali
Algeria participates in the 10th World Water Forum in Bali, Indonesia, focusing on addressing water management challenges and ensuring equitable access to this vital resource amidst climate change impacts.
Under the theme "Water for Shared Prosperity," the forum brings together experts, officials, policymakers, and civil society representatives.
Led by Minister of Hydraulics Mr. Taha Derbal, Algeria aims to discuss water resource management, sanitation, ecosystem protection, and climate change effects.
The event provides a platform for sharing experiences and expertise to develop technologies and knowledge for equitable water access, especially in developing countries facing financial constraints and technological gaps.
Despite progress, billions still lack safe drinking water and sanitation services, posing health risks globally.
The UN emphasizes the urgent need for action, stressing the water-sanitation crisis's role in mortality rates. Collaboration among governments and stakeholders is crucial to develop concrete policies and secure funding to address these challenges.
Protecting ecosystems is another key focus, as ecological security is vital for water security. Discussions will cover climate-related topics, including financing ecosystem protection and nature-based solutions.
The forum includes thematic sessions, political discussions involving state leaders and policymakers, and regional processes to address local water needs.
Alongside discussions, exhibitions provide stakeholders with opportunities to showcase contributions and innovations.
The World Water Forum, convened every three years since 1997, is jointly organized by the World Water Council and a host city.
Algeria is tackling water stress with significant initiatives , as highlighted by Hydraulics Minister Taha Derbal at the World Water Forum in Bali, Indonesia. Facing challenges from climate change, Algeria is focusing on unconventional water sources like seawater desalination. Derbal emphasized reusing treated wastewater for agriculture to conserve water for households. He also stressed the need to protect ecosystems, citing neighboring countries' actions harming Algeria's environment.
At the 10th World Water Forum in Bali, Indonesia, Minister Taha Derbal highlighted Algeria's dedication to managing water resources and protecting the environment. He emphasized how water management affects living conditions, economic growth, and ecosystem health. Algeria, facing challenges like droughts and floods, has enacted a national water plan to develop long-term infrastructure. Derbal also mentioned legislative reforms ensuring equitable access to water and sanitation while respecting environmental balance.
Hydraulics Minister Taha Derbal engaged in bilateral discussions with counterparts from Tunisia, Senegal, and Tajikistan during his visit to Bali for the 10th World Water Forum.
Derbal and Tunisian Agriculture Minister Abdelmomen Belati explored enhancing cooperation, particularly in water management, between Algeria and Tunisia. They discussed a trilateral agreement with Libya on coordinating management of shared groundwater in the northern Sahara.
Conversations with the Senegalese Minister of Hydraulics and Sanitation focused on strengthening bilateral relations and sharing expertise in water resource management.
Additionally, Derbal discussed water management challenges and exchanged experiences related to climate change impacts with Tajikistan's Minister of Energy and Water Management, Jamsed Shoimzoda.
Minister Taha Derbal met with Lo?c Fauchon, President of the World Water Council, in Bali, Indonesia. They discussed Algeria's vision for water resource management , focusing on tackling water stress. Derbal highlighted Algeria's national water strategy for 2030, including desalination projects to ensure water access for all citizens. They also addressed transboundary groundwater issues, with Derbal emphasizing Algeria's commitment to sovereignty over its groundwater. He mentioned Algeria's efforts, such as the trilateral agreement with Tunisia and Libya, managing shared aquifers in the Sahara region.
Saudi Delegation Visits Algerian Stand at 10th World Water Forum (24 Mai 2024)
During the 10th World Water Forum in Bali, Indonesia, an official delegation from the Kingdom of Saudi Arabia visited the Algerian stand . The Saudi delegation, including officials from the Ministry of Environment, Water, and Agriculture, explored Algeria's progress in water resource management. They discussed cooperation opportunities, particularly in hydraulics and irrigation. The Saudi delegation also experienced a 3D immersive display showcasing the challenges facing the Saoura region due to water scarcity. The forum, concluding after five days of discussions, will see Saudi Arabia hosting the 11th edition in 2027.
The 10th World Water Forum in Bali ended with Algeria making a significant impact. Algeria emphasized its commitment to water access, sovereignty over groundwater, and climate action. Led by Minister Taha Derbal, Algeria highlighted its shift towards new water sources like desalination to tackle water stress. Derbal also stressed Algeria's stance on sovereignty in managing shared groundwater, citing agreements with neighboring countries. The youth delegation from Algeria actively participated, raising awareness about climate change and highlighting the humanitarian crisis in Palestine. Algeria's contributions underscored its dedication to water access, environmental sustainability, and global cooperation.
At the 10th World Water Forum in Bali, Indonesia, Algeria's exhibit is a standout, attracting visitors with its depiction of the country's architectural heritage and advancements in water management. Covering 72m2, the display features geometric motifs inspired by Algeria's rich history.
Visitors, including industry leaders and the public, are drawn to learn about Algeria's expertise in hydraulics, showcased through companies like the Algerian Energy Company (AEC) and Cosider Group. Representatives from China's BIDR also express interest in collaboration.
Beyond economic interests, Algeria's exhibit raises awareness about environmental fragility, spotlighting the Saoura region's plight. An immersive 3D chamber highlights endangered species and the threat posed by dwindling water resources, urging action to protect fragile ecosystems.
4. Diverse Cooperation and Algerian performance:
Algeria aims to become a major steel supplier to Europe due to its quality production, competitive energy costs, and skilled workforce. Minister Ali Aoun highlighted these strengths during a panel discussion. He sees steel as vital for various industries, including railways and automotive. Finance Minister Laaziz Faid praised Algeria's investment-friendly policies, which have led to impressive economic growth. Kamel Moula, from the Algerian Economic Renewal Council, noted increased investor confidence, with over 7,000 new businesses registered.
Algeria is preparing to establish free trade zones in three locations to boost trade, especially with neighboring countries . Minister Tayeb Zitouni announced these plans, highlighting potential partnerships with international companies. These zones aim to enhance exports, particularly to West Africa. Additionally, measures are in place to stabilize prices and ensure the availability of essential goods. Algeria also seeks to meet demand for meat and climate control appliances through local production. Plans include enforcing the utilization of wholesale markets and constructing a new exhibition center for trade fairs.
The Algerian olive oil brand "Dahbia," produced in Ain Ouessara (Djelfa) , won two gold medals at international competitions in Geneva, Switzerland, and Copenhagen, Denmark.
Hakim Alileche, the brand's promoter, stated that "Dahbia" excelled at the Extra Virgin Olive Oil International and European Competition (EIOOC) in Geneva and another contest in Copenhagen, judged by renowned experts requiring high-quality standards verified through rigorous laboratory analyses.
Previously, "Dahbia" received awards in Tokyo, Oslo, Turkey, Athens, the USA, and Dubai. Alileche, honored by President Abdelmadjid Tebboune in 2023, has specialized in organic olive cultivation for over twenty years, developing a 40-hectare area in Ain Ouessara, and showcased his expertise at "Expo 2023" in Doha, Qatar.
Economic cooperation between Russia and OIC nations takes center stage in Kazan. Discussions address trade security, pharmaceuticals, and tourism development. Media collaboration to counter Western influence also discussed. Over 20,000 participants from 80 countries explore trade, investment, and modern relations.
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Source: www.aps.dz