What is Algeria's Energy Transition Strategy?

One of the most ambitious elements of Algeria’s energy transition strategy is the development of the SoutH2 Corridor, aimed at supplying Europe with green hydrogen.

Can Algeria become a key energy supplier for Europe?

With the right strategies in place, Algeria can secure its role as a pivotal energy supplier for Europe and a leader in the global energy transition.

Is Algeria a key natural gas supplier to Europe?

Unauthorized access or electronic forwarding, even for internal use, is prohibited. Algeria, long renowned for its abundant hydrocarbon resources, is now navigating a dual path: sustaining its role as a key natural gas supplier to Europe while rapidly accelerating its energy transition ambitions.

Is Algeria ready for low-carbon energy?

The recent MOU signed between Sonatrach, Sonelgaz and a consortium of European partners, including VNG, Snam, Seacorridor and Verbund Green Hydrogen, underlines Algeria’s commitment to tapping into the global demand for low-carbon energy.

What does Algeria's new hydrocarbon law mean for foreign investors?

At the heart of Algeria’s energy landscape transformation is its revised hydrocarbon law (Law 13-19), introduced in December 2019. This legal framework offers significant improvements to attract foreign investors, addressing concerns over Algeria’s historically rigid energy sector.

How can Algeria improve regulatory efficiency?

Finally, improving regulatory efficiency by streamlining approval processes and reducing bureaucratic delays will foster a more favorable environment for investors, accelerating project timelines and enhancing Algeria’s competitiveness in the global energy market. Algeria’s future is bright, but the road ahead is complex.