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Thursday, October 9, 2025 21:37 GMT
Algeria will invest US$60 billion between 2025 and 2029 to expand its oil, gas, and hydrogen sectors as part of a broad strategy to strengthen energy output and diversify its resources, Energy and Mines Minister Mohamed Arkab announced on Monday. Speaking at an energy forum in Algiers, Arkab said that 80% of the total investment will be directed toward upstream activities. These include exploration and the development of new oil and gas reserves, areas seen as essential to sustain Algeria’s...More