Algeria Algerian Economy - Industries & Other Infrastructure

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Algeria, Europe to Sign MoU for Hydrogen Pipeline

Sonatrach will leverage the SoutH2 corridor to monetize green hydrogen across European markets.

energycapitalpower.com

 

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Algeria has completed 2,600 km of fiber optics of the trans-Saharan backbone, doubling its international bandwidth capacity. A giant step for the digital economy in Africa. Undoubtedly, cities will cluster around this immense road corridor.

https://twitter.com/i/web/status/1823118965268250754

 

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#Algeria_Italy.. Signing of a Memorandum of Understanding between #Sonatrach and #Sonelgaz with the Italian company "Eni"

The protocol allows for conducting joint feasibility studies for an electrical interconnection project between the Algerian and Italian electrical networks through the construction of a submarine cable with the aim of exchanging or supplying electricity to the Italian and European markets
The first project of its kind with a strategic dimension allows for the creation of an energy hub linking Algeria to Europe
The Memorandum of Understanding comes to strengthen the existing cooperation between Sonatrach and Eni within the framework of the two strategic intent protocols signed in Algiers on January 23, 2023, which aim to identify future joint projects related to energy supplies, energy transition and decarbonization
The protocol signed today confirms Algeria's ambitions to strengthen its position as a major supplier to Europe in the field of energy, including electricity.

https://twitter.com/i/web/status/1818969859075588405

 

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Sonatrach CEO Rachid Hachichi held a working meeting in Milan, Italy, with a delegation from the American company Baker Hughes, led by its CEO Lorenzo Simonelli, to discuss ways to strengthen cooperation between the two parties. According to a statement from the public group, the talks during this meeting focused on ways to consolidate existing bilateral cooperation relations in the field of energy equipment manufacturing, and to discuss new opportunities that could enhance future partnership with Baker Hughes. The meeting was attended by Sonelgaz CEO Mourad Lajal, in addition to a number of executives from the two Algerian companies, according to the same source. The meeting held in Milan is part of Hachichi's working visit to Italy. It is worth noting that the American company is a partner of Sonatrach in the branches "Algesco" and "APAC", which specialize in manufacturing industrial equipment and spare parts for the hydrocarbon value chain, and this company also contributes to several vital development projects.

اجتماع عمل رفيع المستوى بين سوناطراك والشركة الأمريكية بيكرهيوز - الجريدة الإلكترونية :نيوز الجزائر

عقد الرئيس المدير العام لسوناطراك، رشيد حشيشي، عقد بميلانو الإيطالية اجتماع عمل مع وفد من الشركة الأمريكية “بيكر هيوز” يقوده رئيسها المدير العام، لورانزو سيمونيلي، لبحث سبل تعزيز التعاون بين الطرفين. ووفقا لبيان للمجمع العمومي، تمحورت المحادثات خلال هذا الاجتماع حول سبل توطيد علاقات التعاون...

nn-algeria.dz

 

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Sonatrach Group and the Canadian company “Stream Flow Industries Limited” signed today, Tuesday, a memorandum of understanding and a confidentiality agreement, supervised by the group’s CEO Rachid Hachichi and the CEO of “Stream Flow Industries Limited” Mark McNeil. According to the company’s statement, the memorandum will allow Sonatrach and the Canadian company “Stream Flow Industries Limited” to supervise the work related to evaluating the opportunity to create a joint company specialized in manufacturing wellheads, production heads and equipment accessories for gas and oil production. The Canadian company “Stream Flow Industries Limited” enjoys a global reputation, as well as great technical and technological capabilities, in addition to its experience in manufacturing, maintaining and marketing wellhead components, production heads and their accessories, in addition to related services. The signing of this memorandum falls within the framework of Sonatrach's strategy aimed at strengthening control over the operations included in its development plan, particularly through the conclusion of high-value-added partnerships, aiming to manufacture high-tech petroleum equipment locally, and provide related services, in addition to specialized training and the transfer of knowledge, expertise and technology.

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Economic projects Africa - Europe all pass through Algeria

 

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Five Arab countries were included in the list of high-income countries according to the World Bank classification, namely Saudi Arabia, the Emirates, Kuwait, Oman and Qatar.
while Algeria, Iraq, Libya and Bahrain were classified as upper-middle-income countries.

The lower-middle-income countries included Egypt, Morocco, Tunisia, Mauritania, Djibouti, Jordan, Lebanon and Palestine, while the World Bank classified Sudan, Yemen, Somalia and Syria as low-income countries. Countries are classified according to income by calculating the per capita share of the gross domestic product for each country.

World Bank income groups

The World Bank's income classifications divide countries into four categories based on their gross national income (GNI) per capita. The GNI thresholds between income groups have changed over time.

ourworldindata.org

إنفوغراف: 5 دول عربية ضمن تصنيف البنك الدولي للبلدان مرتفعة الدخل

5 دول عربية ضمن قائمة البلدان مرتفعة الدخل حسب تصنيف البنك الدولي.

asharqbusiness.com

 

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Below are the African countries with the best healthcare systems in 2024 ,With 60 new hospitals to be commissioned by 2026 and the completion of pharmaceutical plant projects, Algeria will be ranked first or second in Africa

African countries with the best healthcare systems in 2024

Business Insider Africa presents the list of African countries with the best healthcare systems

africa.businessinsider.com

 

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GENERAL ELECTRIC ALGERIA TURBINES «GEAT»

Building a First-of-its-Kind Facility in Africa

It all started with what seemed like an impossible dream sometime in 2013: to bring to Algeria’s High Plains city of Batna an advanced manufacturing, assembly, digital, service and repair center for the power generation sector that could be a shining beacon of what was possible not only for the country but also for the African continent.

Partnership for the Manufacture of Gas Turbines, Steam Turbines, Alternators and Control-Command Systems. The Project aims to manufacture complex technology equipment in Algeria, namely; gas turbines, steam turbines, alternators and associated control-command (equipment constituting the power block) of the combined cycle, in partnership with GE Industrial France, 100% owned by General Electric Company USA. The industrial complex is located in Ain Yagout (Batna). It covers an area of 20 hectares. It consists of four (04) factories: Factory No. 1: Manufacture of gas turbines from 100 to 300 MW; Factory No. 2: Manufacture of steam turbines from 50 to 160 MW; Factory No. 3: Manufacture of alternators that will be coupled to the turbines to convert mechanical energy into electrical energy; Plant No. 4: Manufacture of control systems to equip the turbines manufactured in plants No. 1 and No. 2. Distribution of Share Capital between shareholders:

Sonelgaz 51%
GE Industriel 49%

In 2021, GE Algeria secured its first export contract for gas turbines and other equipments to a Middle Eastern country -Iraq - .

 

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Algeria begins exporting steel plates

Tosyali Algeria Group revealed the export of the first shipment of steel plates in the history of Algeria. In a statement published by the Algerian-Turkish company, specialized in the iron and steel industry, it confirmed the export of the first shipment of steel plates in the history of Algeria, with an estimated quantity of 25,000 tons, in the current month of August, and this operation was preceded by another operation last May.

https://twitter.com/i/web/status/1824421939177271383

 

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Algeria begins exporting steel plates

Tosyali Algeria Group revealed the export of the first shipment of steel plates in the history of Algeria. In a statement published by the Algerian-Turkish company, specialized in the iron and steel industry, it confirmed the export of the first shipment of steel plates in the history of Algeria, with an estimated quantity of 25,000 tons, in the current month of August, and this operation was preceded by another operation last May.

https://twitter.com/i/web/status/1824421939177271383

Do you know if it was exported to an African country?

 

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Do you know if it was exported to an African country?

No, they did not provide details regarding the country to which the iron was exported.

 

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Algeria’s Sonatrach Explores Undersea Cable Project for Electricity Export to Spain

Sonatrach's Strategic Expansion Includes New Undersea Cable Initiatives and Green Hydrogen Ventures, Aiming to Position Algeria as a Major Player in European Energy Markets and Enhance its Renewable Energy Exports

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https://twitter.com/i/web/status/1813657055535993188