
Desalination: Saudi Interest in Developing Investments
A meeting took place between the CEO of Abunayyan Holding and the Minister of State for Energy.
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

A meeting took place between the CEO of Abunayyan Holding and the Minister of State for Energy.

The Secretary General of the Ministry of Energy, Miloud Majeld, received on Monday a delegation from the oil sector in South Africa, which is visiting Algeria to enhance cooperation and partnership between the two countries, according to a statement from the ministry. The reception was attended by the Director General of Hydrocarbons at the ministry, Mourad Beljham, and officials from the ministry.

A product derived from hydrocarbons and a key raw material in the petrochemical industry.

Oil prices rose by more than three dollars at the open this Monday. Brent crude futures increased by $3.62, or 3.46%, reaching $108.23 per barrel, while West Texas Intermediate futures rose by 3.15%, equivalent to $3.15, recording $103.20 per barrel.

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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.

Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share exceeding 17 percent of the imports of this country, according to data from the Korea International Trade Association (KITA). The data, published in a statement from the Embassy of the Republic of Korea, indicated that Algeria represents 17.2 percent of naphtha imports to the Republic of Korea in the first half of 2026. Additionally, Algeria has seen a continuous increase in its share from 12.9 percent in 2024 to 15.6 percent in 2025, according to the same source.

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