Algerian Minister of Hydrocarbons Mohamed Arkab addressed the 28th ministerial meeting of the Gas Exporting Countries Forum (GECF) in Moscow, highlighting his country's energy projects, particularly in Africa. He emphasized Algeria's efforts to help African nations develop their energy resources, citing the role of state-owned company Sonatrach in technology transfer. Arkab mentioned ongoing projects in Niger, Senegal, and Namibia, aligning with Algeria's commitment to enhancing international cooperation in the gas sector.
During his address, Arkab highlighted Algeria's cooperation with Russia on three major joint projects, yielding "very positive" results. He called for expanding this partnership into other areas, including oil well services and gas transportation. The minister also emphasized the importance of innovation and modern technologies, such as carbon capture and storage, artificial intelligence, and enhanced security measures for installations.
Arkab pointed out the significance of the Gas Research Institute (GRI), based in Algiers, which is affiliated with the GECF. He advocated for the development of the GRI into a center of excellence for research, training, and technology transfer, ultimately strengthening the capacities of member countries. Algeria has provided the GRI with modern technical means and necessary conditions to play a full role in the natural gas value chain.
The Algerian minister reviewed his country's efforts to develop and valorize its gas resources, enhance infrastructure, and improve the environmental performance of the hydrocarbons sector. He cited the success of the "Algeria Bid Round 2024" and the launch of "Algeria Bid Round 2026" as examples. Algeria is committed to reducing gas flaring and methane emissions while promoting low-carbon practices.
Arkab stressed the need for equitable access to technologies, financing, and markets to ensure a reliable and affordable energy supply while supporting sustainable development. He highlighted the strategic role of natural gas in enhancing energy security, supporting socio-economic development, and ensuring a balanced and realistic energy transition.
The minister emphasized that guaranteeing energy security requires a sustainable balance between reliable supplies and stable demand. This can be achieved by developing new capacities in exploration, production, transportation networks, and liquefaction facilities. Arkab also underscored the importance of investments and the duration of infrastructure projects for market stability and long-term visibility.
In conclusion, Mohamed Arkab's address at the 28th GECF ministerial meeting showcased Algeria's commitment to cooperation, innovation, and sustainable development in the energy sector. The country's efforts to develop its gas resources, enhance infrastructure, and promote low-carbon practices serve as a model for other nations.
Key points
- Algeria aims to help African nations develop their energy resources through technology transfer and cooperation.
- The country has ongoing energy projects in Niger, Senegal, and Namibia.
- Algeria emphasizes the importance of innovation, modern technologies, and sustainable practices in the energy sector.
