
Global Praise for Algeria's Efforts to Develop Hydrocarbons and Enhance Its Investment Appeal - Iqtissad Al Balad
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Oil, gas, petrochemicals, Sonatrach, and energy sector developments

The economy of Algeria aliqtissad dz Algeria economic news

The Minister of State, Minister of Energy, Mohamed Aqrab, received a delegation from the German company 'Siemens' for energy, led by the Executive Vice President of Gas Services for the regions.

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Today, Tuesday, the Minister of State, Minister of Energy, Mohamed Arqab, received at the ministry's headquarters a delegation from Siemens Energy, headed by the Vice President of Gas Services for Europe and Africa, Wahid Abbasi, in the presence of ministry officials.

Algeria - Prime Minister Sifi Gharib received the Secretary General of the Gas Exporting Countries Forum, Mr. Philippe Michelpila, and his accompanying delegation, who are on a working visit to Algeria from June 20 to 23, where they discussed ways to implement the outcomes of the seventh summit of heads of state and government of gas-exporting countries, which was hosted by Algeria in March 2024, particularly regarding the activation of the Gas Research Institute based in Algeria, according to a statement from the Prime Minister's office.

Recent specialized data showed an increase in Algeria's natural gas production during the past month of April, by 7.1%, equivalent to an increase of over 560 million cubic meters year-on-year.

Today, Tuesday, Algerian Minister of State and Minister of Hydrocarbons, Mohamed Arkab, held bilateral talks with a delegation from the International Monetary Fund, led by the head of the Fund's mission to Algeria, Charalambos Tsangaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its establishment agreement, with the presence of the head of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, and officials from the ministry.

Today, Tuesday, Algerian Minister of State, Minister of Hydrocarbons, Mohamed Arkab, held bilateral talks with a delegation from the International Monetary Fund, led by the head of the Fund's mission to Algeria, Charalambos Tsangaridis, as part of the regular consultations conducted by the Fund with Algeria under Article IV of its establishment agreement, with the presence of the head of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, and officials from the ministry …

The Minister of State, Minister of Energy, Mohamed Arkab, received on Tuesday at his ministerial office a delegation from the International Monetary Fund, headed by the head of the Fund's mission to Algeria, Charalambos Tsangaridis. This is part of the regular consultations that the Fund conducts with Algeria under Article IV of its establishment agreement. Present were the head of the National Agency for the Valorization of Hydrocarbon Resources, Samir Bakhti, and officials from the ministry and the Bank of Algeria.

On Monday, June 22, 2026, Prime Minister Mr. Saifi Ghrib received the Secretary General of the Gas Exporting Countries Forum, Mr. Philippe Michelpila, and his accompanying delegation at the Government Palace. They are on a working visit to Algeria from June 20 to June 23, 2026. This meeting was attended by the Minister of State, Minister of Hydrocarbons, Mr. Mohamed Arkab.

Algeria's natural gas production recorded an increase of 7.1 percent in April 2026, reaching 8.447 billion cubic meters, an increase of over 560 million cubic meters compared to the same month in 2025, while exports rose to 3.937 billion cubic meters, supported by increased gas flows through pipelines. Data from the Energy Research Unit showed that Algerian production rose from 7.885 billion cubic meters in April 2025 to 8.447 billion cubic meters in April 2026, equivalent to an average of 9.9 billion cubic feet per day compared to 9.3 billion cubic feet per day a year earlier. View the full content on الشروق أونلاين

The company 'Sonelgaz - Distribution' in Algiers recorded financial losses due to energy theft amounting to 1.183 billion dinars in its 2025 report, with 302 legal complaints filed. Additionally, losses from attacks on gas facilities reached 5.24 million dinars, compared to 137 million dinars in losses related to attacks on electricity facilities.