China appeals for help – New Tribune

this MaghrebIt is a land rich in mineral resources, containing large amounts of hydrocarbons, phosphates and precious ores. This strategic area, from Morocco arrive Libya go through Algeria and TunisiaNatural gas and oil reserves, especially in Algeria and Libya, form the basis of economies that are heavily dependent on exports of these resources. MoroccoFor its part, it dominates the global phosphate market, while Tunisia The Maghreb countries are seeking to diversify their mining sector. Faced with the challenges of energy transition and market volatility, they are seeking to optimize the development of their resources while attracting new partners, especially from Asia, to modernize their infrastructure and increase production.

China, the new pillar of Algeria’s gas industry

AlgeriaMaghreb gas giant is strengthening its Chinese to increase its hydrocarbon production. The national oil group Sonatrach has just China National Petroleum and Natural Gas Engineering Co., Ltd. Revitalize the atmosphere Dalallocated in the Illizi Basin. The strategic cooperation aims to offset the decline in the pressure of the deposit and maintain a daily output of 10 million standard cubic meters. The project is scheduled to start production in 2027, which shows the growing importance of Chinese investment in the Algerian energy sector.

China-Arab cooperation is part of a broader strategy Algerian National Oil Companythe company is strengthening its international partnerships to modernize its facilities and diversify its revenue sources. The national company not only develops existing resources, but also pursues an active exploration policy. Since the beginning of 2024, at least 14 new gas and oil discoveries have been announced, and more are expected before the end of the year.

A turning point in Maghreb energy policy

Call for Chinese experts Algeria Marking a turning point in my country’s energy policy MaghrebCountries in the region, which have traditionally looked to Europe for exports and technological partnerships, are now diversifying their alliances. This reorientation responds to several imperatives: the need to rapidly modernize aging infrastructure, the ambition to increase production capacity amid volatile global demand, and the desire to reduce dependence on the European market.

Strategy Algerian National Oil Company Not limited to the extraction of hydrocarbons. The Algerian company is exploring new areas, especially in the field of electricity export. An electricity interconnection project with Spain is currently under discussion, which echoes a similar initiative planned with Italy. These projects show that Algeria wants to position itself as a key player in the Mediterranean energy transition by exploiting its renewable energy potential.

Towards a new era of energy cooperation

Commitment Chinese The development of Algeria’s gas sector could have implications across the Maghreb. Such cooperation offers a potential model for neighboring countries facing similar challenges in modernizing and optimizing energy production. MoroccoLibya, despite its smaller hydrocarbon resources, could draw inspiration from this approach to develop its renewable energy projects, while oil-rich but unstable Libya could look to it as a way to revive its energy industry.

The diversification of the Maghreb’s energy partnerships opens the way for a reconfiguration of the region’s geopolitical balance. The influx of Chinese investment is likely to encourage other international players to strengthen their influence, spurring competition and innovation in the sector. This dynamic is expected to transform the Maghreb’s energy landscape, with potential implications for economic and diplomatic relations between the region’s countries and their traditional and emerging partners.