{"id":32449,"date":"2026-04-20T07:26:34","date_gmt":"2026-04-20T05:26:34","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=32449"},"modified":"2026-04-20T07:26:34","modified_gmt":"2026-04-20T05:26:34","slug":"algeria-launches-oil-gas-licensing-round-to-boost-output","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/algeria-launches-oil-gas-licensing-round-to-boost-output\/","title":{"rendered":"Algeria launches oil, gas licensing round to boost output"},"content":{"rendered":"<p>Algeria, a gas-rich OPEC member, launched a 2026 oil and gas licensing round on Sunday, offering seven exploration blocks in an effort to boost output and attract foreign investment, the government said.<\/p>\n<p>&nbsp;<\/p>\n<p>The bidding round, branded &#8220;Algeria Bid Round 2026&#8221;, was announced at a ceremony attended by representatives of international energy companies in Algiers.<\/p>\n<p>&nbsp;<\/p>\n<p>The offered blocks are located in Ouargla, Illizi, Touggourt and El Bayadh, including a mix of oil and gas prospects that officials said are estimated to contain hundreds of millions of barrels of oil and significant volumes of natural gas.<\/p>\n<p>&nbsp;<\/p>\n<p>The technical phase of the bidding process will begin on June 1, with access to tender documents and online presentations, followed by data sessions and clarifications running until October 31.<\/p>\n<p>&nbsp;<\/p>\n<p>Bid submissions are due on November 26 and hydrocarbon contracts with state-owned Algerian energy company Sonatrach to be signed on January 31 next year under production-sharing or participation agreements depending on the block.<\/p>\n<p>&nbsp;<\/p>\n<p>Algeria has been working to strengthen its upstream sector and sustain its role in global energy markets.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;The new bidding round will help strengthen global energy security and reinforce Algeria\u2019s role as a regional energy hub,&#8221; said Hydrocarbons Minister Mohamed Arkab.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":32450,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-32449","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Algeria, a gas-rich OPEC member, launched a 2026 oil and gas licensing round on Sunday","published_date":"2026-04-20 07:08:18","news_description":"Algeria, a gas-rich OPEC member, launched a 2026 oil and gas licensing round on Sunday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/32449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/32449\/revisions"}],"predecessor-version":[{"id":32451,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/32449\/revisions\/32451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/32450"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=32449"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=32449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}