Journan — Accueil

Algeria and Iraq explore joint energy projects

Algerian Minister of Energy and Mines, Mohamed Arkab, met with Iraqi Oil Minister Basim Mohammed Khudair Al-Abadi during Energy Week in Riyadh to discuss expanding cooperation in the oil and gas sector. The talks centered on launching joint ventures between Sonatrach and Iraqi oil companies, focusing on field development, associated gas utilization, and petrochemical production. Both sides explored sharing technical expertise in exploration and deploying modern technologies to enhance energy efficiency and reduce emissions. Furthermore, the ministers emphasized the importance of ongoing coordination within OPEC, OPEC+, and the Gas Exporting Countries Forum to maintain stability in global energy markets.