Dhaka Eyes Algerian Fertilizers, LNG Amid Supply Talks
Bangladesh is engaging in discussions with Algeria to secure vital supplies of fertilizers and Liquefied Natural Gas, marking a significant commercial opportunity for Algerian producers. This initiative highlights Algeria's expanding role as a global resource supplier and its successful foray into new Asian markets.
Bangladesh, which imports approximately 80% of its total fertilizer demand, is actively pursuing Algeria as a key supplier for both fertilizers and Liquefied Natural Gas (LNG). Discussions between the two nations have progressed, including the recent signing of a memorandum of understanding in hydrocarbons covering LNG, LPG, and petroleum products. This developing relationship presents a significant commercial opportunity for Algerian producers to expand their presence in the Asian market and diversify bilateral relations.
Algeria has expressed its readiness to meet Bangladesh's fertilizer requirements, supported by its robust industrial capabilities. The country's Sorfert complex in Arzew boasts an annual production capacity of 1.26 million tonnes of granulated urea and 1.6 million tonnes of ammonia. Furthermore, the Integrated Phosphate Project (PPI) envisions a chemical transformation complex with targeted capacities of 2.4 million tonnes per year of phosphatic fertilizers and 570,000 tonnes of nitrogenous fertilizers, alongside intermediate products. These capacities position Algeria as a formidable potential supplier for Bangladesh's rising agricultural input needs, such as the 15.8% increase in diammonium phosphate (DAP) imports between 2024–2025 and 2025–2026.
Beyond the immediate focus on fertilizers and LNG, these bilateral talks are paving the way for broader industrial synergies and economic cooperation. Algeria has indicated interest in Bangladesh's textile sector expertise, with discussions also encompassing the pharmaceutical and leather industries. Additionally, the Algerian Petroleum Institute has offered to provide training for Bangladeshi engineers and technicians. This holistic approach signals a trajectory towards a balanced economic partnership, characterized by both commercial exchanges and transfers of competencies, further solidifying Algeria's international economic engagements.
