Minister of State and Minister of Energy and Mines, Mohamed Arkab, reported that Algeria's hydrocarbon export revenues hit $37.5 billion by the end of September 2026. During his address to the National People's Assembly, he highlighted 17 new discoveries made by Sonatrach and a significant rise in investment, which reached $6 billion. In the water sector, desalinated water production grew by 26%, with plans underway to build six additional plants by 2030 to bolster national water security. Looking forward, the ministry aims to increase primary hydrocarbon production to 201 million tonnes of oil equivalent by 2030, supported by a $71.6 billion investment budget focused on expanding refining capacity and downstream industrial processing.