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Launch of the bidding round 'Algeria Bid Round 2026' for hydrocarbon exploration

April 19, 2026APS | صناعة، طاقة ومناجمaps.dzTranslated from Arabic
Launch of the bidding round 'Algeria Bid Round 2026' for hydrocarbon exploration

Algeria - The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, today, Sunday, in Algiers, oversaw the launch of the bidding round 'Algeria Bid Round 2026', which includes seven areas designated for hydrocarbon exploration.

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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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