
OPEC+: Fourth increase in oil production quotas
OPEC+ agreed yesterday to a fourth increase in its oil production targets in as many months, even though
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

OPEC+ agreed yesterday to a fourth increase in its oil production targets in as many months, even though

Economy DZD aliqtissad dz Algeria's economy economic news

Algeria - Seven countries from the OPEC+ group, including Algeria, agreed today, Sunday, to a collective increase in oil production of 188,000 barrels per day starting from next July, according to a statement from the Ministry of Energy.

Algeria participated today, Sunday, via remote visual conferencing, in various ministerial meetings held under the Organization of the Petroleum Exporting Countries 'OPEC' and the Cooperation Declaration 'OPEC+'.

Algeria participated today, Sunday, June 7, via videoconference, in various ministerial meetings held within the framework of the Organization of the Petroleum Exporting Countries 'OPEC' and the cooperation announcement 'OPEC+'. According to the Ministry of Energy, the work of the 193rd meeting of the OPEC Conference, which brought together ministers and representatives of the eleven member countries of the organization, was dedicated to studying several issues related to the governance of the organization and the activities of its General Secretariat. View the full content on Echourouk Online.

Algeria - The Minister of State, Minister of Energy, Mohamed Arkab, received today, Sunday in Algiers, the Executive Secretary of the African Refiners and Distributors Association (ARDA), Anibor Kraga, to discuss ways to enhance cooperation between the institutions of the energy sector and the association, according to a statement from the ministry.

The member countries of the OPEC+ alliance agreed today, Sunday, to increase oil production by 188,000 barrels per day in the coming month of July. The seven member countries of the OPEC+ alliance, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, announced in a virtual meeting that discussed the global oil market conditions and its future prospects to implement an increase in production of 188 ...

The Algerian Minister of State and Minister of Energy, Mohamed Arkab, stated today, Sunday, that the African continent is required to transition from a rentier logic to integrated development, expressing Algeria's readiness to share its experiences with African countries within the framework of South-South cooperation based on partnership and integration. During the reception of the Executive Secretary of the African Refiners and Distributors Association (ARDA), Anibor Kragha, and his accompanying delegation, in the presence of ...

The Minister of State, Minister of Energy, Mohamed Aqrab, received the Executive Secretary of the African Refiners and Distributors Association (ARDA), Anibor Kraga, at his ministerial office. The discussions, according to a ministry statement, focused on ways to enhance cooperation between sector institutions, particularly SONATRACH and its subsidiaries, and the ARDA, as well as prospects for development in the areas of petroleum refining, petrochemicals, and the storage and distribution of petroleum products in Africa, especially liquefied petroleum gas, in addition to environmental protection, industrial safety, and the regulatory and legal frameworks related to the sector.

The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received the Executive Secretary of the African Refiners and Distributors Association, Anibor Kraga, and his accompanying delegation.

The OPEC alliance is set to approve an increase in oil production for the fourth consecutive time since the outbreak of the war on Iran at the end of February.

The launch of work on the Algerian section of the Trans-Saharan gas pipeline project has garnered widespread interest from various international media outlets.