Today, Wednesday, SONATRACH signed a memorandum of understanding with the German company 'VNG-AG' aimed at exploring cooperation opportunities in areas of mutual interest, particularly green hydrogen and reducing methane emissions, according to a statement from the group. The signing ceremony took place at the headquarters of SONATRACH, in the presence of the CEO of SONATRACH, Nourredine Daoudi, and the Chairman of the Board of 'VNG-AG', Mr. Ulf Heitmüller, and Mr. Hans-Joachim Polke, a member of the company's board, the statement adds.
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
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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