In a statement by the Russian Ministry of Energy, following discussions between Russian Deputy Energy Minister Roman Marshavin and Algerian Minister of Energy, Mining, and Renewable Energies Mohamed Arkab, it was stated: “The Algerian side invited Russian companies to participate in new tenders for the development of oil and gas fields, as well as the construction of power generation facilities and their networks.”
The forum was attended by ministers, top businessmen, and government officials from more than 42 countries, including African and Arab nations, alongside Russia and some other countries.
For his part, Amin Boutalbi, Head of the Arab-African Center for Investment and Development (CAAID), stated that “the Africa Investment and Trade Forum, to be held next May, will witness significant Russian participation.”
He noted that Russian officials from major Russian companies will learn about all the opportunities available in Algeria during the forum and how to benefit from the advantages offered by the Algerian state, especially in the energy and renewable energies sectors, and enhance partnership with African countries through the gateway of Algeria.
