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Ankara Holds Fast to Algerian Gas: Negotiations to Increase Supplies and Extend Contracts

• Author: بوابة الجزائر • 0 comments • 74 views
Ankara Holds Fast to Algerian Gas: Negotiations to Increase Supplies and Extend Contracts

Algeria Gate: Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, confirmed that his country is engaged in discussions with Algeria to strengthen cooperation in the energy sector. These talks primarily focus on the Liquefied Natural Gas (LNG) trade, alongside oil and gas exploration activities.

In statements to journalists at the Presidential Complex in Ankara, Bayraktar explained that both sides are discussing the renewal of their bilateral LNG agreement this year, noting that the current contract is set to expire in September 2027.

Supply Increases and Extensions: The Turkish Minister stated that the existing agreement provides 4.4 billion cubic meters annually. Negotiations are exploring the possibility of increasing these volumes to between 6 and 6.5 billion cubic meters—matching previous levels—while extending the contract duration for an additional 5 to 10 years.

Exporting to Europe via Turkey: The talks also covered a potential joint project to transport Algerian gas to Southeastern Europe through Turkey. This initiative would involve receiving Algerian LNG, regasifying a portion of it at Turkish facilities, and subsequently exporting it to European markets, specifically via Bulgaria.

Ankara Holds Fast to Algerian Gas: Negotiations to Increase Supplies and Extend Contracts

Offshore Exploration: Bayraktar indicated that bilateral cooperation extends to discussions between the Turkish Petroleum Corporation and Algeria’s Sonatrach Group. The focus is on offshore oil and gas exploration projects utilizing Turkish seismic survey and drilling vessels.

The Turkish Minister emphasized that the strategic partnership between Turkey and Algeria is poised for further expansion, underpinned by a shared vision and mutual trust between the two nations.

#Algeria#Turkish
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Algerian Delegation Concludes Strategic Mission in Belgium to Shape National Social Economy Strategy

Algerian Delegation Concludes Strategic Mission in Belgium to Shape National Social Economy Strategy

ALGIERS — In a strategic move to build the future of its Social and Solidarity Economy (SSE), an Algerian governmental and academic task force concluded a high-level study mission to Belgium this week. The visit, running from May 3 to 9, 2026, aims to lay the groundwork for Algeria’s upcoming national SSE strategy by drawing inspiration from successful European models.

Algerian Delegation Concludes Strategic Mission in Belgium to Shape National Social Economy Strategy

Organized with the technical support of the Global Forum for Social and Solidarity Economy (GSEF), the delegation explored one of Europe’s most advanced SSE ecosystems in Brussels and Wallonia.

Algerian Delegation Concludes Strategic Mission in Belgium to Shape National Social Economy Strategy

The mission featured significant institutional dialogues, including talks with Ruth Paserman, the European Commission’s Director-General for Employment, Social Affairs, and Inclusion, and Dr. Yves Coppieters, the Walloon Minister of Health, Environment, Solidarities, and Social Economy.

Algerian Delegation Concludes Strategic Mission in Belgium to Shape National Social Economy Strategy

Beyond political meetings, the Algerian representatives engaged in an academic immersion at the University of Liège’s Center for Social Economy. They also met with key Belgian SSE networks, cooperatives, and incubators to identify concrete action plans, inspiring best practices, and structural levers to develop the Algerian sector.

Algerian Delegation Concludes Strategic Mission in Belgium to Shape National Social Economy Strategy

This diplomatic and economic initiative is part of a broader national project titled “The Social and Solidarity Economy for the Sustainable Economic Inclusion of Young Entrepreneurs in Algeria.” The program is spearheaded by the Algerian Ministry of Labor, Employment, and Social Security, financially backed by the European Union in Algeria, and implemented by UNDP Algeria. By analyzing these advanced European frameworks, Algiers aims to create a robust and resilient economic environment tailored to support its young entrepreneurs.

#Algeria#Belgium
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Algeria and Mauritania Bolster Economic Ties During High-Level Talks in Nouakchott

Algeria and Mauritania Bolster Economic Ties During High-Level Talks in Nouakchott

NOUAKCHOTT– Mauritanian Minister of Trade and Tourism, Zeinebou bint Ahmednah, received a high-level delegation from the Algeria Ministry of Foreign Trade and Export Promotion on Friday, accompanied by the Algerian Ambassador to Mauritania, Amine Said.

Algeria and Mauritania Bolster Economic Ties During High-Level Talks in Nouakchott

The meeting, held on the sidelines of the 8th Edition of the Algerian Products and services Exhibition, focused on evaluating and expanding trade relations. Both parties discussed the implementation of recently signed bilateral agreement aimed at increasing trade volume and fostering strategic partnership between economic operators of both nations.  

Algeria and Mauritania Bolster Economic Ties During High-Level Talks in Nouakchott

The Algerian delegation expressed gratitude for the Mauritanian authorities’ support, emphasizing that the ongoing exhibition serves as a vital platform for diversifying cooperation and creating tangible economic output for both brotherly countries.

#Algeria#Nouakchott
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Algeria and Mauritania: 27 Strategic Agreements Fuel Economic Partnership

Algeria and Mauritania: 27 Strategic Agreements Fuel Economic Partnership

NOUAKCHOTT — The 8th Edition of the Algerian Products and Services Fair has successfully pivoted from showcasing potential to solidifying concrete economic alliances. In a high-level ceremony held in the Mauritanian capital, Algerian and Mauritanian officials oversaw the signing of 23 commercial agreements and 4 healthcare cooperation Mous, marking a new milestone in bilateral relations.

Algeria and Mauritania: 27 Strategic Agreements Fuel Economic Partnership

The signing was attended by Algeria’s Ambassador to Mauritania, H.E. Amine Said, alongside top-tier representatives from the Mauritanian Employers’ Federation, the Investment Promotion Agency, and the Council for Algerian Economic Renewal (CREA).

The agreements span several strategic sectors, signaling a diversification of Algerian exports:

Algeria and Mauritania: 27 Strategic Agreements Fuel Economic Partnership

Infrastructure & Energy: A standout deal was secured by “Elsewedy Electric,” signing a $15 million commercial contract.

Mining & Raw Materials: The SONAREM Group, through its subsidiary ENOF, signed two Memoranda of Understanding to export critical minerals including Dolomite, Bentonite, and Calcium Carbonate to the Mauritanian market.

Manufacturing: The motorcycle manufacturer “SYM” and various public enterprises also finalized key trade partnerships.

Algeria and Mauritania: 27 Strategic Agreements Fuel Economic Partnership

In a significant expansion of Algeria’s service sector, the Al-Azhar Clinic signed four cooperation agreements with Mauritanian public and private health institutions. This move underscores the growing regional confidence in Algerian medical expertise and specialized hospital services.

Algeria and Mauritania: 27 Strategic Agreements Fuel Economic Partnership

The Ministry of Foreign Trade and Export Promotion highlighted that these results are not exhaustive; more agreements are expected in the coming days. The fair has evolved beyond a traditional exhibition, becoming a primary engine for regional integration and a platform for tangible investment.

#Algeria#Mauritania
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