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Algeria and Germany: to Strengthen Cooperation in the Fields of Energy and Fuels

• Author: بوابة الجزائر • 0 comments • 41 views
Algeria and Germany: to Strengthen Cooperation in the Fields of Energy and Fuels

Algeria News Portal:The Secretary General of the Ministry of Hydrocarbons, Miloud Medjelled, received a high-level delegation from the Federal Republic of Germany in Algiers on Monday. The two sides discussed ways to strengthen bilateral cooperation and develop mutually beneficial partnerships in the fields of energy and hydrocarbons, according to a statement from the ministry.

Algeria and Germany: to Strengthen Cooperation in the Fields of Energy and Fuels

The source explained that Mr. Medjelled received the German delegation at the ministry’s headquarters. The delegation was led by the Director General for Geo-Economics at the German Federal Foreign Office, Oliver Rentschler, and comprising officials from the German Foreign Ministry and the Ministry of Economics, as well as a number of officials and representatives of major German energy and industrial companies, such as Bosch, Siemens, and VNG, among others, in the presence of the German Ambassador to Algeria and officials from the Ministry of Hydrocarbons.

This meeting provided an opportunity to discuss the current state and future prospects of Algerian-German bilateral cooperation, described as strong and distinguished, particularly within the framework of the strategic partnership between the two countries in the energy sector.

Algeria and Germany: to Strengthen Cooperation in the Fields of Energy and Fuels

On this occasion, both sides expressed their satisfaction with the progress made in implementing a number of joint cooperation projects, particularly in the areas of natural gas marketing and low-carbon technologies in the gas industry aimed at reducing emissions, as well as the development of a green hydrogen transport project, through joint working groups comprising experts from both countries, the statement added.

Algeria and Germany: to Strengthen Cooperation in the Fields of Energy and Fuels

They also discussed the progress of the experts’ work within the framework of the “TaqatHy+” project, particularly regarding the reduction of methane emissions and the curtailment of flaring in the gas industry, thereby contributing to the fulfillment of international climate commitments and stimulating technological innovation as well as the development of local expertise and skills.

Algeria and Germany: to Strengthen Cooperation in the Fields of Energy and Fuels

In this context, Mr. Medjelled highlighted the momentum in Algerian-German cooperation, stressing the need to continue developing technical and scientific exchanges between experts and institutions from both countries, and to work on implementing new and concrete projects based on modern technologies and innovative technological solutions, particularly in the fields of the oil and gas industry, the related equipment industry and its localization, as well as strengthening training and human capacity building.

#Algeria#Germany
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20,000 Investment Projects Valued at Over 9,000 Billion Dinars in Algeria!

20,000 Investment Projects Valued at Over 9,000 Billion Dinars in Algeria!

Signaling rapid economic momentum and an increasingly attractive business climate in Algeria, Prime Minister Sifi Gharib revealed that over 20,000 investment projects have been officially registered. The total declared value of these investments exceeds 9,000 billion Algerian Dinars (approximately $67.5 billion USD), which are projected to generate more than 525,000 job opportunities.

The Prime Minister made this announcement during his address at an informational day dedicated to the new legal provisions governing the “Single Window” system.

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بوابة الجزائر
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Algeria-Mauritania Economic Tie-Up : 52 Trade Agreement Signed in Nouakchott

Algeria-Mauritania Economic Tie-Up : 52 Trade Agreement Signed in Nouakchott

Nouakchott – The 8th Exhibition of Algerian Products and Services in Nouakchott has concluded with a major breakthrough, recording the signing of 25 new trade agreements and MoUs. This brings the total number of partnerships signed during the event to 52 strategic agreements.

Algeria-Mauritania Economic Tie-Up : 52 Trade Agreement Signed in Nouakchott

The signing ceremony, held at the Permanent Showroom for Algerian Products, took place in the presence of the Algerian Ambassador to Mauritania, Amine Sid, alongside representatives from the National Union of Mauritanian Employers and key business leaders from both countries.

Key Takeaways & Sector Coverage:

The agreements span a wide range of vital economic sectors, reflecting the diversification of Algeria’s non-hydrocarbon exports:

  • Industry & Mining: Including pharmaceuticals, electrical cables, and mechanical industries.
  • Healthcare: Medical supplies and health services.
  • Innovation: Specialized solutions for startups and research-based economic entities.
  • Water Management: Partnerships involving entities under the Ministry of Hydraulics.

Strategic Impact

This economic surge reflects the success of the “Win-Win” approach promoted by the Ministry of Foreign Trade and Export Promotion. By establishing a permanent presence in Nouakchott, Algeria is cementing its position as a key strategic partner in West Africa and the wider African market.

Officials noted that the exhibition has evolved from a mere display of products into a functional economic platform for long-term investment and sustainable trade relations between the two neighboring countries.

Algeria-Mauritania Economic Tie-Up : 52 Trade Agreement Signed in Nouakchott
#Algeria#Algerian Products#Mauritania
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Sonelgaz Pitches Major Energy Investments to Turkish Partners in Ankara

Sonelgaz Pitches Major Energy Investments to Turkish Partners in Ankara

ANKARA — Capitalizing on President Abdelmadjid Tebboune’s state visit to Turkey, Yazid Djellouli, CEO of Sonelgaz-International, presented lucrative investment opportunities to Turkish stakeholders at the Algerian-Turkish Economic Forum on May 7.

Djellouli highlighted Algeria’s massive energy infrastructure drive and invited Turkish firms to collaborate on three key fronts:

Sonelgaz Pitches Major Energy Investments to Turkish Partners in Ankara

Power Generation: Expanding both renewable and conventional electricity capacities to meet growing economic demands.

Local Manufacturing: Producing equipment and infrastructure for energy facilities within Algeria.

Smart Tech Integration: Deploying modern technologies to upgrade the management of electricity and gas networks.

Reaffirming Sonelgaz’s deep industry expertise, Djellouli assured Turkish investors of the state-owned utility’s readiness to anchor strategic, mutually beneficial joint ventures between Algiers and Ankara.

#Algeria#Turkich
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