Algerian Minister of State for Energy, Mohamed Arkab, met with Senegalese Energy and Petroleum Minister, Hadi Abdourahmane Diouf, in Algiers to discuss cooperation in the hydrocarbons sector. The meeting was attended by Senegal's ambassador to Algeria, Mbabba Koura Ndiaye, and several officials from both countries. The talks focused on strengthening bilateral cooperation and developing partnerships in areas of mutual interest.
The meeting provided an opportunity to review the current state and prospects of cooperation between Algeria and Senegal in the hydrocarbons sector. Both sides praised the strong, historic relations between the two countries and their shared political will to elevate their partnership to a strategic, multi-dimensional level. They also explored ways to develop cooperation in various stages of the oil and gas value chain.
The ministers discussed ways to enhance cooperation in exploration, production, field development, refining, and petrochemicals. They emphasized the importance of strengthening partnerships between Algeria's state-owned oil company, Sonatrach, and Senegal's national oil company, Petrosen. The two countries have signed several agreements and memoranda of understanding that can serve as a foundation for future cooperation.
The talks also focused on supporting training and knowledge transfer, particularly between Algeria's Institute of Petroleum and Sonatrach's Management Academy, and Senegal's specialized institutions. This cooperation aims to develop capacities and support Senegalese cadres in the hydrocarbons sector, particularly in areas such as regulatory frameworks, data management, and industrial safety.
Minister Arkab emphasized that Algeria, in line with President Abdelmadjid Tebboune's directives, attaches great importance to promoting African cooperation and partnerships. He stressed the need for increased coordination between African countries, particularly within the African Organization of Petroleum Producing Countries (APPO), to optimize resource utilization and achieve energy security.
Minister Diouf expressed Senegal's interest in benefiting from Algeria's expertise in exploration, production, and refining. He praised the high efficiency of Algerian human resources and the technical expertise of national institutions, particularly Sonatrach. Diouf also emphasized Senegal's desire to expand joint investments with Algeria in areas that can generate added value for both countries.
The meeting between the two ministers demonstrates the commitment of Algeria and Senegal to strengthening their cooperation in the hydrocarbons sector. The discussions highlighted the potential for collaboration in various areas, including exploration, production, and training. The two countries aim to build on their existing agreements and partnerships to drive growth and development in the sector.
Key points
- Algeria and Senegal discuss cooperation in hydrocarbons sector
- Ministers emphasize importance of training and knowledge transfer
- Cooperation aims to drive growth and development in the sector
