
Ivorian delegation visits Sonelgaz - Electricity Production - Iqtissad Al Balad
Economy Dz aliqtissad dz Algeria's economy news
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

Economy Dz aliqtissad dz Algeria's economy news

Algeria - The African Petroleum Producers Organization (APPO) confirmed today, Tuesday, that the preparations for the launch of the African Energy Bank (AEB) are 'progressing at a good pace', noting that this financial institution, launched in partnership with the African Export-Import Bank (Afreximbank), aims to support investments in the hydrocarbons sector on the African continent.

Algeria - The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received today, Tuesday, at the ministry's headquarters, the Minister of Interior, Federal Affairs, and Reconciliation of the Federal Republic of Somalia, Ali Yusuf Ali, who is on an official visit to Algeria, according to a statement from the ministry.

As part of SONELGAZ's strategy to enhance management standards and secure facilities, and alongside the success achieved by SONELGAZ-Gas Transport in maintaining the ISO 9001:2015 Quality Management System certification (during the March 2026 audit), the company's CEO, Mohamed Lazghad, chaired the signing ceremony for the launch of the Integrated Management System (SMI) project.

In the context of implementing the directives of President Abdelmadjid Tebboune aimed at enhancing African cooperation and promoting South-South partnerships, the Prime Minister of the Republic of Chad, Alain-Guillaume Bongo Ondimba, received a delegation of experts from SONELGAZ present in the capital N'Djamena, as part of the technical mission related to launching the preparatory phase of the project to establish a 40 MW power generation station.

Oil prices rose by more than 1% during trading on Tuesday, continuing to gain for the third consecutive session, as shipments from the Middle East remain halted.

The President of the National Agency for the Valorization of Hydrocarbon Resources 'Naftal', Samir Bakhti, announced that access to the technical and geoscientific data related to the international tender round 'Algeria Bid Round 2026' will be available starting from June 1, 2026, for stakeholders and partners in the energy sector interested in exploration opportunities in seven new areas.

Algeria has maintained its position as one of the leading gas suppliers to Spain during April 2026, holding second place among the largest exporters with a share of 34.1% of total imports, amid ongoing restructuring of the supply map towards the Spanish market in recent times. According to recent data from the specialized energy platform, Spain's imports of natural and liquefied gas during the same month decreased by 23.7% month-on-month, settling at 28.73 terawatt-hours, compared to 37.63 terawatt-hours in March 2026. View the full content on الشروق أونلاين.

A delegation of engineers and experts from the Ministry of Petroleum of the Republic of Niger is visiting today, Tuesday, energy facilities and structures belonging to the SONATRACH group in Boumerdes Province.

The Prime Minister of the Republic of Chad, Alain-Goma Halina, received a delegation of SONELGAZ experts in the capital N'Djamena, as part of the launch of the preparatory phase for the construction of a 40 MW power generation station, within the framework of efforts to enhance energy cooperation between Algeria and Chad. A statement from the public group clarified that the meeting took place yesterday, Monday, in the presence of several members of the Chadian government, alongside the Algerian ambassador to Chad, and comes in line with the directives of President Abdelmadjid Tebboune aimed at strengthening African cooperation and promoting South-South partnerships. Read the full content on Echourouk Online.

The President of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, announced that access to the technical and geoscientific data related to the international bidding round 'Algeria Bid Round 2026' will be available starting from June 1, 2026, for stakeholders and partners in the energy sector interested in exploration opportunities in seven new areas. Bakhti explained, during an international meeting organized by the agency in partnership with the European Association of Geoscientists and Engineers on the strategic challenges of offshore exploration and enhancing hydrocarbon exploitation, that this step will allow investors to access various available data, contributing to the assessment of the investment potential that the sector boasts.

The meeting concluded with the signing of several cooperation agreements in various fields.