Algerian Radio
The Minister of State, Minister of Hydrocarbons, Mr. Mohamed Arkab, reaffirmed yesterday, Tuesday, in Algiers, Algeria's determination to fulfill its international energy commitments. He pointed out that the country possesses significant structural assets that allow it to strengthen its position as a reliable, long-term partner on the international stage.
Mr. Arkab made this statement during a high-level meeting entitled: “Energy and Mines: How Algeria is Transforming its Energy Potential and Geological Wealth into a Regional Power,” held during the second edition of the CEO Survey study, organized by the PwC firm at the Abdelatif Rahal International Conference Center in Algiers.
The Minister of State added that “the most important message we can deliver to our partners is that Algeria remains steadfast in its commitments, regardless of the circumstances or difficulties, and we have proven this before.”
He went on to state that Algeria possesses substantial structural assets, such as its significant hydrocarbon reserves and infrastructure, particularly the gas pipelines to Europe, which strengthen its position as a reliable, long-term partner. He explained that global geopolitical shifts do not represent a rupture in energy markets, but rather reflect a period of rebalancing that underscores the critical importance of the security and stability of supplies.
Mr. Arkab also pointed to the national strategy based on strengthening existing partnerships, particularly with Europe, while working on the gradual diversification of markets. This is primarily achieved through the development of Liquefied Natural Gas (LNG) capacities, allowing for access to new markets and increasing the flexibility of Algerian exports.
In the same context, he added that Algeria continues to invest in the development of its energy infrastructure and plans for its future expansion through strategic projects, such as the Trans-Saharan Gas Pipeline (TSGP). This reinforces its role as a regional and continental energy hub.
In the context of renewing its reserves, Algeria has launched the “Algeria Bid Round 2026” tender, offering seven new areas for exploration and direct exploitation. He added that Algeria's vision for 2030 is centered on its transformation into a regional energy hub capable of leveraging its natural resources through the creation of industrial added value, while reinforcing its position as a reliable partner for global energy security through sustainable partnerships based on mutual benefit.
It should be noted that the Minister of State intervened during this meeting alongside the Minister of Energy and Renewable Energies, Mr. Mourad Adjal; the Minister of Mines and Mining Industries, Mr. Mourad Hanifi; the CEO of Sonatrach, Mr. Noureddine Daoudi; as well as the CEO of Tosyali Algeria, Mr. Alp Topcuoglu.
On this occasion, Mr. Daoudi emphasized that the recent launch of the “Algeria Bid Round 2026” reflects Algeria's flexibility and speed in leveraging its mining domain. He highlighted that Algeria possesses a significant investment plan for the next five years, covering the entire value chain of the sector.
In this regard, he mentioned that fossil fuels still represent more than 80 percent of global demand in 2026, remaining essential to support the energy transition over the coming decades.
