Mohamed Arkab, Minister of State and Minister of Energy and Mines, stated during the WPC Energy 2026 conference in Riyadh that global demand for oil and gas is set to increase in the coming decades, driven by demographic and industrial growth in emerging economies. Highlighting Asia, Africa, and the Middle East as future energy demand hubs, Arkab detailed Algeria's commitment to enhancing its hydrocarbon resources and infrastructure. He specifically pointed to the "Algeria Bid Round 2026" as a strategic tool to bolster international investment in the sector.