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Algeria and World Bank discuss enhanced energy cooperation

Algeria and World Bank discuss enhanced energy cooperation

Minister of Energy and Mines, Mohamed Arkab, held talks with World Bank Vice President for the MENA region, Ousmane Diagana, to discuss strengthening collaboration in the hydrocarbon sector. The meeting took place during a workshop on climate finance in Algiers. Both sides highlighted the progress made following the memorandum of understanding signed between Sonatrach and World Bank institutions, which focuses on methane emission reduction, green hydrogen development, and fertilizers. The discussion also addressed the expansion of technical and financial expertise in petrochemicals and seawater desalination, alongside potential support for strategic energy projects.