
Natural gas prices exceed 100 euros per megawatt
Natural gas prices in Europe rose by more than 4 percent on Wednesday, surpassing 100 euros per megawatt hour for the first time since 2022.

The Ministry of Energy and Mines confirmed that the upcoming bidding round 'Algeria Bid Round 2026', which the National Agency for the Valorization of Hydrocarbon Resources (Naftal) is preparing to launch, represents an important step that will open a 'new era of opportunities' in the field of hydrocarbon exploration and development. In a post by the ministry on social media platforms, last Saturday evening, it was stated that 'the Naftal is preparing to launch the Algerian bidding round for 2026, opening new horizons for exploration and development through some of the most promising opportunities in the world in the hydrocarbon sector, in addition to world-class assets.'

Natural gas prices in Europe rose by more than 4 percent on Wednesday, surpassing 100 euros per megawatt hour for the first time since 2022.

Algeria - Minister of Industry, Fred Kourtel, received today, Wednesday, in Algiers, a delegation from the Saudi 'Savola' Group active in the food industry, headed by the group's CEO, Samah Hassan, with the participation of the general manager of the group's branch in Algeria, according to a statement from the ministry.

Algeria - The President of the National Economic, Social and Environmental Council, and President of the Union of Arab Economic and Social Councils and similar bodies, Mohamed Boukhari, participated in the Euro-Mediterranean summit of economic and social councils and similar institutions held in Lisbon, according to a statement from the council issued today, Wednesday.
News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.