Algeria

Algeria and Naturgy Explore Enhanced Energy Cooperation

Algiers – Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, received Francisco Reynés, Chairman and CEO of the Spanish company Naturgy, in Algiers today. Discussions centered around strengthening bilateral cooperation in the energy sector, according to a statement released by the Ministry.

The meeting provided an opportunity for both parties to review existing partnerships and explore new avenues for collaboration. Key areas of focus included natural gas supply, infrastructure development, and potential joint ventures in renewable energy projects. Minister Arkab emphasized Algeria’s commitment to maintaining its position as a reliable energy supplier to Spain and Europe.

“Algeria values its long-standing relationship with Naturgy,” stated Minister Arkab. “We are keen to explore opportunities to deepen our partnership and contribute to the energy security of both our nations.”

Mr. Reynés echoed Minister Arkab’s sentiments, highlighting Naturgy’s dedication to its operations in Algeria. He reaffirmed the company’s interest in investing in projects that will enhance Algeria’s energy infrastructure and promote sustainable energy development. The discussions also touched upon the importance of technological innovation and knowledge sharing in the energy sector.

The meeting concluded with both sides expressing optimism about the future of their collaboration and a commitment to further dialogue in the coming months. This visit underscores the strategic importance of the energy partnership between Algeria and Spain, particularly in the current global energy landscape. The two countries are seeking to solidify their long term relationship.

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