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Arab Momentum in Energy Tenders.. Algeria Advances with 7 Areas

April 22, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Arab Momentum in Energy Tenders.. Algeria Advances with 7 Areas

Oil and gas tenders in Arab countries are witnessing a rapid movement in 2026 to offer new areas to investors, as part of a race to enhance production and attract foreign capital. However, Algeria is leading this scene by launching the 'Algeria Bid Round 2026' which includes 7 exploration areas supported by a precise schedule and significant resource indicators. In this context, the President of the National Agency for Hydrocarbon Valorization, Samir Bakhti, revealed that the bid opening process will take place on April 26, 2026, within a competitive framework extending until November 26 of the same year, the date for evaluating the bids, after the tender officially starts on April 19, and the pre-registration and qualification phase continues until June 1, before allowing the...

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Algeria has become the top supplier of naphtha to South Korea during the first half of 2026, with a share of 17.2% of the country's total imports of this material, surpassing the United Arab Emirates, the United States, India, and Oman, according to data from the Korea International Trade Association (KITA) reported by the Embassy of the Republic of Korea in Algeria. KITA's figures showed that Algeria's share of South Korea's naphtha imports reached 17.2% during the first six months of the year, compared to 14.5% for the United Arab Emirates, 13.0% for the United States, 9.7% for India, and 9.3% for Oman. View the full content on Echourouk Online.

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