Algerian Minister of Energy, Mohamed Arkab, welcomed Greek Parliament Speaker, Nikitas Kaklamanis, to his ministry on Monday, September 28, 2026. The meeting was attended by the Greek ambassador to Algeria and several officials from both countries. Arkab emphasized that Algeria is a strategic and reliable partner for Greece in meeting its energy needs, particularly in natural gas.
The meeting provided an opportunity to review the current state of bilateral cooperation between Algeria and Greece, as well as prospects for enhancing and expanding ties, especially in the energy sector. The two parties also explored ways to promote economic and investment partnerships, building on the historical friendship between the two nations. Both sides acknowledged the dynamic nature of Algerian-Greek relations and stressed the need to continue efforts to upgrade bilateral cooperation.
Arkab highlighted various opportunities for cooperation in the energy sector, emphasizing Algeria's role as a strategic and reliable partner for Greece in meeting its natural gas needs. He cited the existing partnership between Algerian energy company Sonatrach and Greek energy conglomerate DEPA. The two sides also discussed prospects for strengthening commercial cooperation in crude oil, petroleum products, and liquefied natural gas (LNG).
The meeting also touched on the importance of developing partnerships and investments in the energy sector, particularly in the exploration and production of hydrocarbons. Arkab encouraged Greek companies operating in the energy sector to enhance their presence and invest in Algeria, taking advantage of the facilities and benefits provided by the new legal frameworks governing investment and the energy sector in Algeria.
Greek Parliament Speaker Nikitas Kaklamanis expressed satisfaction with the level of relations between Algeria and Greece, emphasizing the importance of continuing to strengthen bilateral cooperation, especially in the energy sector. He noted that this cooperation would support the development of relations between the two countries and expand areas of mutual cooperation.
The two parties also discussed the importance of encouraging Greek companies to participate in Algerian energy projects, particularly in the local manufacturing of equipment and technologies related to the oil and gas industry. This would contribute to the development of industrial and technological capacities and open up new avenues for partnership between Algerian and Greek institutions.
Arkab and Kaklamanis agreed on the need to continue efforts to promote bilateral cooperation and intensify consultations and exchanges of expertise and experiences, serving the common interests of both countries. They also emphasized the importance of cooperation in reducing methane emissions and minimizing carbon footprint.
Key points
- Algeria and Greece are strengthening their energy partnership, with a focus on natural gas and investment opportunities.
- The two countries aim to enhance cooperation in the energy sector, including exploration, production, and local manufacturing of equipment and technologies.
- Greek companies are encouraged to invest in Algeria's energy sector, taking advantage of new legal frameworks and benefits.
