A New Energy Race Begins as Vietnam and the EU Bet on Algerian Gas The 12-month studies, led by ALNAFT Director General Abdelkader Cherfaoui, focus on optimizing extraction at two aging fields where recovery rates lag behind global benchmarks. Vietnam’s Ambassador Phuc Duy Long framed the deal as a “concrete step” toward deeper energy ties, … Read more
Oman’s Duqm port is betting on a $10 billion energy and industrial hub to lure investors, but the real question for Algerian business founders is whether this model can spark opportunities—or leave North Africa behind. The project, anchored by a 230,000-barrel-per-day refinery jointly owned by Oman’s OQ and Kuwait Petroleum International (KPI), is already reshaping … Read more
Iraq’s oil wealth—145 billion barrels of proved reserves—fuels global markets, but its electricity grid collapses under summer heat. While the country pumps crude, its power stations burn 200,000 barrels of oil daily just to keep lights on, according to middleeastmonitor.com. The paradox? A system hemorrhaging 50–60% of generated power through theft, decaying infrastructure, and inefficiency. … Read more
Algeria’s renewable energy revolution is accelerating, and the clock is ticking for entrepreneurs, local businesses, and the diaspora to seize the opportunities before the market shifts. With $1.5 billion already allocated to solar projects this year alone, the government is betting big on clean energy—but the real winners won’t just be state-backed firms. Private players, … Read more
Turkey’s electricity system holds a paradox that could serve as a cautionary tale for Algeria’s renewable energy ambitions: 127 gigawatts of installed capacity—nearly double the country’s summer peak demand of 60.4 GW in July 2025—yet persistent reliability gaps. The mismatch between paper capacity and real-time output exposes a critical vulnerability: not all power plants deliver … Read more
Kuwait’s recent power cuts revealed a brutal truth: oil wealth alone does not guarantee energy security. While the Gulf state exports crude, its reliance on imported gas and fragile electricity grids left industries—and even hospitals—vulnerable to outages in April 2025. The lesson for Algeria, where Sonatrach dominates the economy and renewable energy remains a niche, … Read more
SONATRACH’s Solar Bet: Why Algeria’s 5GW Plan Means More Than Just Watts Algeria’s state energy giant SONATRACH has quietly accelerated plans to build 5 gigawatts (GW) of solar power by 2030—a project that could attract $10 billion in foreign investment if executed swiftly. The move comes as President Abdelmadjid Tebboune pushes to diversify Algeria’s energy … Read more
Algeria is about to become Africa’s fastest-growing renewable energy market, with solar power and green hydrogen projects accelerating at a 42.5% annual clip. For entrepreneurs, the diaspora, and local business founders, this isn’t just another energy trend—it’s a gold rush waiting to happen. But the window to capitalize is narrowing. Here’s how to position yourself … Read more
A $22 Billion Solar Plan That Could Redefine Algeria’s Economy For entrepreneurs, this is not just about state-led projects. The plan includes public-private partnerships (PPPs), tax incentives for green tech firms, and a new renewable energy fund to attract foreign and diaspora investment. Analysts at Algeria’s National Agency for Renewable Energy (ANER) estimate that $10 … Read more
Renewables Race Heats Up as Algeria Slashes Fossil Fuel Subsidies The government’s decision to phase out diesel and gasoline subsidies by 2027, announced this week by Energy Minister Youcef Yousfi, marks a turning point. Algeria, Africa’s top gas exporter, now faces pressure to diversify its energy mix amid falling global oil prices and climate finance … Read more