Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Algeria - The Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt, Karim Ibrahim Ali Badawi, will begin a business visit to Algeria today, Tuesday, at the invitation of the Minister of State, Minister of Energy, Mohamed Arkab, according to a statement from the ministry.
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Algeria - The SONATRACH group signed two agreements today, Monday, in Algiers, concerning the development of the Hassi Bir Rakaiz field in the provinces of Ouargla and El Oued, as well as the export of petroleum products to Egypt.
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Both the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, and the Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt, Karim Ibrahim Ali Badawi, presided over the event on Tuesday.
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Algeria and Egypt signed today, Tuesday, a contract to initiate the second phase of the Hassi Bir Rakaiz field development project, along with signing a memorandum of understanding to frame discussions on contracts for marketing crude oil and petroleum products.
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On Tuesday, May 5, the contract to commence the second phase of the Hassi Bir Rakaiz field development project was signed, along with a memorandum of understanding to frame discussions on contracts for the marketing of crude oil and petroleum products. According to the Ministry of Energy, the ceremony was presided over by the Minister of State, Minister of Energy, Mohamed Arkab, and the Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt, Karim Ibrahim Ali Badawi, at the headquarters of the General Directorate of SONATRACH. View the full content on Echourouk Online.
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As part of the bilateral cooperation relations between Algeria and the Arab Republic of Egypt, the Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt, Karim Ibrahim Ali Badawi, is making a business visit to Algeria today, Tuesday, at the invitation of the Minister of State, Minister of Energy, Mohamed Arkab, leading a significant delegation that includes the CEO of the Egyptian General Petroleum Corporation (EGPC), Salah El-Din Abdel Karim, and the Chairman of the Board of Directors of Petrojet, Walid Lotfi, along with officials from the Egyptian Ministry of Petroleum and Mineral Resources.
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The Egyptian Minister of Petroleum and Mineral Resources, Karim Ibrahim Ali Badawi, arrived in Algeria on a working visit leading an important delegation that includes the CEO.
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The Egyptian Minister of Petroleum and Mineral Resources, Karim Ibrahim Ali Badawi, began a working visit to Algeria on Tuesday, leading a high-level delegation that includes prominent officials in the energy sector, aimed at enhancing bilateral cooperation in the hydrocarbons field and signing new agreements between the two sides. According to a statement from the Ministry of Hydrocarbons, this visit comes at the invitation of the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, as part of the efforts of both countries to activate the frameworks of joint cooperation, especially in the oil and gas industry, and to expand partnership areas between SONATRACH and Egyptian companies. Read the full content on Echourouk Online.
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The Minister of State, Minister of Energy Mohamed Arkab, received the European Commissioner for Mediterranean Affairs Dubravka Šuica, who is on a working visit to Algeria. The meeting provided an opportunity to discuss the reality and prospects of bilateral relations between Algeria and the European Union, and ways to enhance them within the framework of strategic dialogue, especially in the field of energy.
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The National Agency for the Promotion and Rationalization of Energy Use (APRUE) has signed a cooperation agreement with the industrial group specialized in electrical industries 'GSP Electric', aimed at enhancing energy consumption rationalization and improving energy efficiency in the industrial sector. This partnership aims to develop practical projects in the field of energy auditing within industrial units, contributing to the reduction of electrical energy consumption and supporting the national energy transition process, within the framework of the strategic vision aimed at achieving a balanced energy mix and rationalizing consumption at the level of industrial areas and the national industrial fabric. Read the full content on Echourouk Online.
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The Minister of State, Minister of Energy, Mohamed Arqab, discussed with the European Commissioner for Mediterranean Affairs, Dubravka Šuica, ways to enhance the energy partnership between Algeria and the European Union, focusing on developing cooperation in the hydrocarbons sector and expanding its scope to include modern technology and energy transition. The meeting held yesterday evening was an opportunity to review the reality of bilateral relations and their prospects within the framework of strategic dialogue between the two sides, emphasizing the importance of intensifying the exchange of experiences and organizing regular technical meetings among experts to enhance mutual understanding of issues of common interest. Read the full content on Echourouk Online.
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