OPEC Secretary General Haitham Al Ghais began a working visit to Algeria on September 26, 2026, at the invitation of Minister of State and Minister of Hydrocarbons Mohamed Arkab. The visit, which will last until September 29, marks the 10th anniversary of the historic Algerian Agreement. According to a statement from the Ministry of Hydrocarbons, Al Ghais will hold talks with several high-ranking state officials, including Arkab, to discuss developments in the hydrocarbons sector and the global oil market.
During his visit, Al Ghais will discuss the prospects of the global oil market and issues of common interest with Algerian officials. The talks are expected to focus on strengthening cooperation between Algeria and OPEC, as well as promoting dialogue to ensure stability in the international oil market. The Algerian government views the visit as a reflection of the strong relations between Algeria and OPEC.
The visit takes on added significance as it coincides with the 10th anniversary of the Algerian Agreement, a landmark accord that marked a decisive step in strengthening dialogue and cooperation between OPEC member and non-member countries. The agreement played a crucial role in laying the foundations for the OPEC+ Declaration of Cooperation. Algeria's role in the agreement is seen as pivotal in establishing a framework for cooperation among major oil producers.
The Algerian Agreement has been hailed as a key factor in promoting stability in the global oil market. The agreement brought together major oil producers in a bid to stabilize the market and promote cooperation. Algeria's efforts to promote dialogue and cooperation have been recognized as instrumental in achieving this goal.
Minister of Hydrocarbons Mohamed Arkab has been actively engaged in promoting cooperation between Algeria and OPEC. Recently, he visited Niger to discuss the development of the Trans-Saharan Gas Pipeline (TSGP) project. The project aims to promote economic integration and cooperation among West African countries.
The visit by Al Ghais is seen as an opportunity to celebrate the achievements of the Algerian Agreement and to reaffirm Algeria's commitment to OPEC. The agreement has been hailed as a model for cooperation among oil-producing countries. Algeria's role in promoting stability in the global oil market is expected to be highlighted during the visit.
The OPEC Secretary General's visit to Algeria underscores the organization's commitment to promoting cooperation and stability in the global oil market. The visit is expected to yield positive outcomes, including enhanced cooperation between Algeria and OPEC. Key discussions will focus on the global oil market, hydrocarbons sector, and issues of common interest.
Key points
- OPEC Secretary General Haitham Al Ghais visits Algeria to discuss oil market cooperation and celebrate the 10th anniversary of the Algerian Agreement.
