Energy Collaboration: Algerian Minister Mohamed Arkab Meets Delegation from German Company Neuman & Esser
BY: Hana Saada
Algiers, January 21, 2024 – Algerian Minister of Energy and Mines, Mohamed Arkab, welcomed a delegation from the German company Neuman & Esser at the headquarters of his ministry today. The meeting, attended by representatives from the Ministry, focused on discussing business and investment opportunities between Algerian entities, including Sonatrach and Sonelgaz, and the German company in the fields of gas, oil, petrochemical equipment, technological solutions, and hydrogen development.
The discussions centered on fostering collaboration and exploring avenues for joint ventures in key sectors vital to the energy and mining industry. Both parties acknowledged the distinguished relationships that exist between Algerian and German companies in the energy and mining domains.
Minister Arkab emphasized the significance of cooperation and partnership between Algerian and German enterprises. He presented investment and partnership opportunities within the Algerian energy sector, underscoring the importance of exchanging experiences, knowledge transfer, modern technology adoption, upgrading local content, and establishing mutually beneficial partnerships.
The German delegation, representing Neuman & Esser, expressed great interest in exploring concrete projects for cooperation. They highlighted the favorable investment climate and existing trust with Algerian energy and mining companies as conducive factors for collaboration.
The discussions between Minister Arkab and the Neuman & Esser delegation signify a commitment to deepening ties and leveraging collective expertise to drive innovation and progress in the energy and mining sectors. As both parties explore potential joint ventures, the meeting serves as a platform for creating tangible partnerships that contribute to the development and modernization of Algeria’s energy landscape.
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