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The 55th Anniversary of the Nationalization of Hydrocarbons: From Energy Sovereignty to Resource Valorization

February 23, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
The 55th Anniversary of the Nationalization of Hydrocarbons: From Energy Sovereignty to Resource Valorization

At a pivotal moment in its economic journey, Algeria commemorates on Tuesday the 55th anniversary of the nationalization of hydrocarbons, in a national context characterized by a renewed determination to valorize natural resources and establish the foundations of a diverse and emerging economy. The commemoration of this historical milestone recalls the announcement of nationalization on February 24, 1971, by the late President Houari Boumediene, which marked a strategic shift in the path to reclaiming full sovereignty over national resources.

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