Mohamed Arkab, Minister of Energy and Mines, met with Katja Keul, Deputy Minister of Foreign Affairs of the Federal Republic of Germany, and Cynthia Termorschwezen, Deputy Minister of Foreign Affairs of Canada, yesterday.
During the two sessions, they explored ways for Algeria and both nations to cooperate and invest.
Following his meeting with Keul, Arkab told the press that they discussed “how to lay the first building block for the strategic partnership between the two countries within the framework of technological exchange, particularly with regard to the development of renewable energies and hydrogen in Algeria.”
“A hydrogen project in Algeria will be implemented with German firms in an experimental framework, followed by an industrial project to create energy using hydrogen,” the minister said in this regard.
They also addressed “means of help that German firms may give in the sphere of hydrocarbons to boost Algerian output,” according to Arkab, who added that “agreements for this aim will be finalized shortly.”
For her part, Keul stated that the meeting allowed for discussions on “strengthening collaboration between the two nations,” emphasizing “Algeria’s solar energy potential.”
The German Deputy Foreign Minister mentioned the possibility of a win-win relationship between Algerian firms and their German counterparts, who, she claims, “possess technology in the field of renewable energy, particularly in the sector of green hydrogen.”
Arkab and Termorchoisen discussed relations of collaboration and partnership between the two nations in the fields of energy and mining, as well as economic potential and future prospects for investment in Algeria, during their meeting with the Canadian Deputy Foreign Minister. In this context, Arkab discussed the content and goals of the new hydrocarbons law, particularly in relation to the start of research activities and hydrocarbon extraction in Algeria.
The Minister of Energy and Mines and the Deputy Minister of Foreign Affairs of Canada also reviewed the potential for collaboration and investment in Algeria’s mining industry, which includes mining exploration, mapping, exploitation, and mineral material production.
Termorchoisen emphasized its wish for Canadian mining businesses to engage in the development of new mining projects in Algeria, citing the potential for transferring Canadian skills and knowledge in this area.