Economie

Algeria, Saudi Arabia Discuss Energy Cooperation

Minister of Energy and Renewable Energies, Mourad Adjjal, received the Saudi Arabian Ambassador to Algeria, Dr. Abdullah bin Nasser Al-Bussairy, at the ministry headquarters today.

The meeting provided an opportunity to discuss ways to strengthen cooperation between the two brotherly countries in the field of energy, in a manner that serves mutual interests. Discussions centered on potential collaborations in both traditional energy sectors and the burgeoning renewable energy landscape.

DZWatch understands that the discussions explored avenues for joint ventures and technology transfer, aiming to leverage the strengths of both nations in the energy sector. The potential for Saudi investment in Algerian renewable energy projects was also reportedly a key topic.

Minister Adjjal reiterated Algeria’s commitment to fostering strong ties with Saudi Arabia, emphasizing the importance of energy cooperation in achieving sustainable economic growth for both countries. Ambassador Al-Bussairy affirmed Saudi Arabia’s desire to deepen its strategic partnership with Algeria, recognizing its crucial role in the regional energy market.

This meeting underscores the ongoing efforts by Algeria to diversify its energy partnerships and attract foreign investment into its renewable energy sector, aligning with the nation’s long-term energy transition goals. Further details regarding specific agreements or initiatives are expected to be released in the coming weeks.

DZWatch will continue to monitor developments in this important area of bilateral cooperation.

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