Algeria and Norway discuss expanding energy cooperation and investments
via Algérie3603 min read
Mohamed Arkab, Algeria's Minister of State and Minister of Hydrocarbons, met with Snorre Erichsen Skjevrak, Norway's Vice Minister of Energy, and a high-level delegation including the Norwegian Ambassador to Algeria and executives from the Equinor oil group. The meeting, held at the Ministry of Hydrocarbons, aimed to strengthen cooperation and partnership between Algeria and Norway in the hydrocarbons sector. Discussions focused on evaluating current cooperation between Sonatrach and Equinor, particularly through the In Salah and In Amenas projects, and exploring prospects for development in hydrocarbon research, exploration, development, and production activities. The parties also considered new investment opportunities, the expansion of exploration activities, and the development of oil and gas fields. Cooperation in natural gas, liquefied natural gas LNG, and petrochemicals was also addressed. Energy transition and environmental protection were central to the exchanges, with discussions on projects to reduce methane and carbon dioxide emissions, as well as carbon capture and storage CCS technologies. Algeria seeks to leverage Norwegian expertise in decarbonization and low-emission technological solutions to support sustainable development efforts. Mr. Arkab reiterated Algeria's commitment to improving the business climate and attracting quality investments, highlighting the advantages of the hydrocarbons law and regulatory framework. Mr. Schjøvrak expressed satisfaction wi
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