Oran Hosts NAPEC, Algeria Urges Global Industrial Transformation

The 14th North Africa Petroleum Exhibition & Conference (NAPEC), a significant Energy and Hydrogen forum, has commenced its proceedings in Oran. This international event serves as a platform from which Algeria is delivering a clear strategic message to global actors in the energy sector.

From Oran, Algeria is urging international entities to focus on increased production and, critically, on local transformation and manufacturing. This message emphasizes the importance of processing resources within the country, fostering a more robust domestic industrial base.

A central component of Algeria's strategic vision presented at NAPEC involves attracting international capital to support these production and transformation efforts. The overarching objective is to bolster the national economy through industrial development and enhanced local value addition, thereby ensuring sustainable economic growth and self-reliance.