Algerian Radio
On Sunday in Algiers, the Minister of State, Minister of Hydrocarbons, Mr. Mohamed Arkab, discussed ways to strengthen bilateral cooperation in the hydrocarbons sector with the Senegalese Minister of African Integration, Foreign Affairs, and Senegalese Abroad, Mr. Cheikh Niang. The talks focused on expanding the partnership between the Sonatrach Group and the Senegalese National Oil Company (PETROSEN), according to a statement from the ministry.
The meeting, held at the headquarters of the Ministry of Hydrocarbons, was attended by the Ambassador of Senegal to Algeria, the Ambassador of Algeria to Senegal, the Chairman and CEO of Sonatrach, Mr. Noureddine Daoudi, alongside senior officials from the ministry and members of the Senegalese delegation. The ministry’s statement noted that the meeting served as "an opportunity to review the status and prospects of cooperation between the two countries across various segments of the oil and gas industry." Both parties reaffirmed the strength of the fraternal and friendly ties between Algeria and Senegal, as well as their shared determination to elevate them into a broader economic and strategic partnership.
The discussions covered "developing cooperation across various stages of the oil and gas value chain, particularly in exploration, production, field development, refining, and petrochemicals, while emphasizing the importance of activating the Memorandum of Understanding (MoU) signed between Sonatrach and PETROSEN to open new horizons for investment and exchange of expertise."
The two parties also explored "opportunities to leverage Algerian expertise to develop the oil and gas sector in Senegal, especially in light of the country's recent discoveries, as well as enhancing cooperation in training and knowledge transfer between the Algerian Petroleum Institute and its Senegalese counterpart."
Furthermore, the ministers discussed "cooperation opportunities in petrochemical industries, hydrocarbons transport, and the marketing of petroleum and gas products, alongside exchanging expertise in regulation, governance, petroleum data management, industrial safety, and environmental protection," the statement added.
On this occasion, Mr. Mohamed Arkab emphasized that "Algeria, in implementation of the directives of the President of the Republic, Mr. Abdelmadjid Tebboune, attaches special importance to strengthening African cooperation and promoting South-South partnerships, particularly in the hydrocarbons sector." He stressed the necessity of "intensifying coordination between specialized institutions in both countries and enhancing joint efforts within the framework of the African Petroleum Producers' Organization (APPO) to support the continent's energy security, promote technology transfer, and build African capacities."
For his part, the Senegalese minister expressed his country's keen interest in benefiting from Algeria's experience in the hydrocarbons sector, praising the outstanding expertise of the Sonatrach Group. He also reaffirmed Senegal's eagerness to expand cooperation with Algeria in various fields of the oil and gas industry, according to the same source.
