President Abdelmadjid Tebboune convened a high-level working meeting focused on strategic development projects within Algeria's crucial hydrocarbon sector. The discussions also encompassed significant undertakings in the phosphate industry, including a complex dedicated to phosphate fertilizer production and an integrated project aimed at producing ammonia and urea. These initiatives are poised to bolster Algeria's position in the global fertilizer market.
Algeria hydrocarbon development projects
The integrated phosphate project is slated to commence production in the first quarter of 2027. Concurrently, the expansion of the port of Annaba is expected to be completed during the same period, preparing it to handle the initial phosphate exports. This synchronized development highlights a coordinated approach to enhancing export capabilities and industrial output.
Further advancing the nation's infrastructure, the meeting reviewed the financing for the ambitious Algiers-Tamanrasset railway line. A decision was made to initiate construction no later than September. The project will be executed in three major phases: Ouargla-In Salah, In Salah-Tamanrasset, and a final segment connecting Tamanrasset back to In Salah, creating a vital north-south transport artery.
The meeting was attended by key government officials including Prime Minister Nadir Larbaoui, Minister of State, Inspector General of State Services and Local Authorities Brahim Merad, Minister of State, Minister of Hydrocarbons Mohamed Arkab, Minister of Finance Abdelkrim Bouzred, Governor of the Bank of Algeria Mohammed Lamine Lebbou, and the Chairman and CEO of Sonatrach, Nour Eddine Daoudi.
Related topics: Algeria economy, hydrocarbon sector, phosphate production, Annaba port expansion, Algiers-Tamanrasset railway, Sonatrach
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