Algerian President Abdelmadjid Tebboune received OPEC Secretary General Haitham Al Ghais in Algiers on September 28, 2026. This meeting marks the celebration of the 10th anniversary of the Algiers Agreement. The presidency of the Republic confirmed this meeting in an official communiqué. The meeting was attended by Minister of State for the General Inspection of State Services and Local Authorities, Ibrahim Merad, and Minister of State for Energy, Mohamed Arkab.
Haitham Al Ghais expressed his satisfaction at being present in Algeria for this commemoration. He praised the 10th anniversary of the Algiers Agreement and saluted the constant support of Algeria towards OPEC. He thanked President Tebboune for his leadership and role in OPEC's works. The Secretary General also acknowledged the orientations and support provided by the head of state.
Haitham Al Ghais emphasized the essential principle that stability in markets is not solely based on numerical data. It is also built on trust, adopted mechanisms, and the willingness of states to unite in the face of crises. He highlighted the close links between several factors, including investment, security of supplies, and economic stability, which are directly derived from the stability generated by the OPEC+ agreement.
The OPEC Secretary General stated that the need for dialogue has not decreased and has become more important than ever. He also thanked the Algerian government for its constant commitment and support for dialogue and stability in global oil markets. Haitham Al Ghais praised the role of Energy Minister Mohamed Arkab in managing OPEC's works.
Haitham Al Ghais described the Algiers Agreement as a "lesson in history" ten years after its signature. He stressed that the agreement demonstrates that cooperation is still possible even in the most difficult moments. The Secretary General called for remembering this heritage on the occasion of its 10th anniversary.
The Secretary General concluded his intervention by expressing his deep gratitude to the Algerian Republic, its people, and its leaders. He saluted the generous invitation to participate in this special commemoration in Algeria. Haitham Al Ghais recalled that the Algiers Agreement shows that cooperation can still be achieved in challenging times.
The meeting between President Tebboune and OPEC Secretary General Al Ghais highlights Algeria's significant role in promoting stability in global oil markets. Algeria has been a key player in OPEC's efforts to maintain market stability and promote cooperation among member countries. The 10th anniversary of the Algiers Agreement marks an important milestone in OPEC's history.
Key points
- Algerian President Abdelmadjid Tebboune received OPEC Secretary General Haitham Al Ghais to celebrate the 10th anniversary of the Algiers Agreement.
- Haitham Al Ghais praised Algeria's constant support for OPEC and its role in promoting stability in global oil markets.
- The Algiers Agreement has played a significant role in maintaining market stability and promoting cooperation among OPEC member countries.
