Algerian Minister of Hydrocarbons Mohamed Arkab met with Dutch Foreign Minister Tom Berendsen in Algiers to explore ways to enhance bilateral cooperation in the energy sector. The meeting focused on developing commercial exchanges, promoting investments, and consolidating industrial and technological partnerships. The discussions were attended by ambassadors from both countries, as well as officials from the Algerian National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) and other stakeholders.

The two ministers reviewed the current state of cooperation between Algeria and the Netherlands, identifying new opportunities for partnership. They welcomed the positive dynamic in relations between Algerian and Dutch companies, particularly in the marketing of hydrocarbons. The cooperation covers areas such as crude oil, condensates, refined petroleum products, liquefied petroleum gas (LPG), and liquefied natural gas (LNG).

The talks also explored the possibility of expanding cooperation to other segments of the energy industry, including refining, petrochemicals, environmental protection, training, and expertise exchange. Both sides emphasized the importance of transferring modern technologies and developing competencies to strengthen the national industry. They discussed ways to intensify joint investments in research, exploration, and development of infrastructure related to the hydrocarbons industry.

Mohamed Arkab presented Algeria's development programs for the sector, highlighting investment opportunities in the national market. He invited Dutch companies to strengthen their presence and participate in the development of the sector, particularly through the "Algeria Bid Round 2026" call for tenders. The meeting also focused on technological partnerships, with both sides examining ways to enhance cooperation between companies.

The Algerian and Dutch ministers discussed the possibility of cooperation between the Algerian state-owned oil company Sonatrach and its subsidiaries, and the Dutch Enterprise Agency (RVO). The goal is to promote knowledge sharing, technology transfer, and the development of innovative solutions for the oil and gas industry. They also emphasized the importance of low-carbon technologies and reducing the carbon footprint of oil and gas installations.

The meeting took place in the context of the challenges of energy transition and decarbonization of the industry. Both sides acknowledged the need to adopt clean solutions throughout the supply chains. The discussions demonstrated the commitment of Algeria and the Netherlands to strengthening their energy partnership and exploring new opportunities for cooperation.

The cooperation between Algeria and the Netherlands is expected to contribute to the development of the hydrocarbons sector in Algeria, and to promote the country's economic growth. The two countries are committed to continuing their dialogue and exploring new avenues for partnership in the energy sector.

Key points

  • Algeria and Netherlands discuss strengthening cooperation in hydrocarbons, investments, and technology transfer.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.