Renewable hydrogen, electricity and gas: Algeria’s offer to Europe

Renewable hydrogen, electricity and gas: Algeria’s offer to Europe
Renewable hydrogen, electricity and gas: Algeria’s offer to Europe

The Minister of Energy and Mines, Mohamed Arkab, reaffirmed Algeria’s desire to establish “a solid and effective regional partnership” and to become “an energy hub in the region and an axis of energy exchange thanks to to numerous projects (…)”.

In a speech delivered during the work of the 3rd edition of the International Forum “Towards the South: the European strategy for a new geopolitical, economic and socio-cultural season in the Mediterranean”, the Minister of Energy and Mines, Mohamed Arkab, announced on May 17 in Sorrento (Italy) that Algeria will take part in the strategic debate with its European partners on the creation of the Southern Corridor H2, to transport renewable hydrogen produced in Algeria to Germany, via Tunisia, Italy and Austria.

For the minister, the realization of this “megaproject” requires the establishment of solid partnerships between the public and private sectors. This will make it possible to “mobilize the major partnership investments required for the development of hydrogen production, storage and transport infrastructures”.

This is indicated in a press release made public yesterday. In this wake, the minister highlighted Algeria’s determination to become “the main supplier in the field of hydrogen”, given the enormous capacities and advantages it has which allow it to occupy a pioneering place. in this area, emphasizing the importance of the national energy model currently being prepared.

At the regional level, Mr. Arkab reaffirmed Algeria’s desire to establish “a solid and effective regional partnership” and to become “an energy hub in the region and an axis of energy exchange thanks to numerous projects including the electricity connection and the H2 Southern Corridor between Algeria and Europe, capable of boosting the energy transition and supporting common development in the Mediterranean Basin and Europe”, underlining Algeria’s attachment to participating actively participate in international initiatives to reduce greenhouse gas and methane emissions.

One of Algeria’s projects in this context concerns, according to the Minister of Energy, the development of the electrical interconnection between the north and the south of the Mediterranean, to which an envelope of three billion US dollars has been allocated. been allocated. The project, explains Mr. Arkab, is “of vital importance for the country and the region”. And all the more so as it opens up new prospects for the export of clean electricity to Europe.

This project, continues the minister, “will allow our African neighbors to obtain supplies within the framework of the spirit of solidarity and regional cooperation”. And to display Algeria’s willingness to “facilitate the passage of electricity from countries on the northern shore of the Mediterranean to African countries”.

Furthermore, the minister displayed Algeria’s commitment to strengthening the trans-Saharan gas pipeline project linking Nigeria to the northern shore of the Mediterranean, via Algeria and Niger, through connection to the Algerian gas network. This project will make, according to the minister, “a major contribution to Europe’s natural gas supplies and will thus strengthen the energy security of the northern shore of the Mediterranean”, as well as it will support the socio-economic development of transit countries.

Arkab discusses cooperation with the executive director of “Edison”

The Minister of Energy and Mines, Mohamed Arkab, examined with the executive director of the Italian company Edison, Nicolas Monti, the prospects for bilateral cooperation, on the sidelines of the 3rd edition of the International Forum “Towards the South : the European strategy for a new geopolitical, economic and socio-cultural season in the Mediterranean”.

The two parties reviewed, during this meeting which took place in the presence of the CEO of the Sonatrach group, Rachid Hachichi, and executives from the ministry, the state of cooperation and partnership relations between the Sonatrach groups. and Edison and the prospects for cooperation and investment in structural projects in the field of energy in Algeria, particularly in the field of “export of natural gas to Italy and the study of the possibility of “electrical interconnection between Algeria and Italy, especially since Algeria has large renewable energy capacities,” we read in a press release from the ministry. D

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