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African Energy Week: keen interest in Algeria's energy sector

ALGIERS - The Agence Nationale pour la Valorisation des Ressources en Hydrocarbures (ALNAFT) (National Agency for the Development of Hydrocarbon Resources) reported in a press release on Monday that Algeria's energy sector attracted a great deal of interest at the African Energy Week (AEW) held in Cape Town, South Africa.

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At a conference held from 4 to 8 November, the Alnaft delegation, led by its Chairman Mourad Beldjehem, presented the procedure for accessing the ‘Algeria Bid Round 2024’ competition. This scheme aims to attract international investment in the Algerian oil and gas sector.

The speech, given to leaders and experts from the African energy sector, aroused keen interest, underlining Algeria's increasingly attractive energy sector. On 14 October, Alnaft launched a call for tenders for 6 perimeters. The next stage will be the opening of the Data Rooms, scheduled for 26 November 2024.