Algeria is set to expand energy sector collaboration with South Korea and Jordan, focusing on ramped-up hydrocarbon trade and shipments of crude oil, liquefied petroleum gas (LPG), and liquefied natural gas (LNG) to these nations, according to the Ministry of Hydrocarbons.
State Minister for Hydrocarbons Mohamed Arkab held talks this Tuesday with South Korea’s Vice Minister for Economic Affairs at the Foreign Ministry—accompanied by a delegation—as well as Jordan’s Minister of Energy and Mineral Resources Saleh Ali Hamed Al-Kharabsheh via videoconference, both at the Energy Ministry headquarters.
With South Korean Vice Foreign Minister and special envoy Park Youngan, Arkab explored avenues to deepen bilateral ties, particularly in hydrocarbons and oil-and-gas industry operations. Discussions covered ongoing initiatives and pathways to advance the partnership between the two countries.
The two sides addressed boosting hydrocarbon commerce, including crude oil, LPG, and naphtha exports, alongside joint efforts in seawater desalination. Conversations also highlighted investment and collaboration prospects, especially with Sonatrach across the full energy value chain—from exploration and production to refining and processing.
Both emphasized crafting win-win partnerships built on technology transfer, expertise sharing, training programs, and bolstering local integration in energy ventures, while prioritizing sustainable development and tech advancements, the ministry noted.
The South Korean vice minister underscored the trip’s significance, stating it mirrors shared commitment to fortifying relations, broadening cooperation in key sectors, and advancing mutual gains through stronger bilateral engagement.
Trade expansion took center stage in Arkab’s virtual meeting with his Jordanian counterpart. The ministers reviewed hydrocarbon cooperation, including ways to enhance business linkages and commerce—particularly crude oil, LPG, and LNG exports—while scouting supply opportunities for Jordan, plus distribution and storage of petroleum products.
They also analyzed the global hydrocarbon market’s trajectory and outlook, exchanging views on shared concerns. The talks proved productive, per the Jordanian minister, who voiced Amman’s eagerness to elevate partnerships with Algeria, ramp up economic dialogue, and swap expertise for common benefit.