{"id":8599,"date":"2025-10-06T19:02:34","date_gmt":"2025-10-06T17:02:34","guid":{"rendered":"http:\/\/jhb-webdevelopers-qa\/channelafrica\/?p=8599"},"modified":"2026-02-27T14:25:02","modified_gmt":"2026-02-27T12:25:02","slug":"algeria-plans-60-billion-energy-investment-over-five-years-energy-minister","status":"publish","type":"post","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/algeria-plans-60-billion-energy-investment-over-five-years-energy-minister\/","title":{"rendered":"Algeria plans $60 billion energy investment over five years: Energy Minister"},"content":{"rendered":"<div class=\"excerpt\">\n<p>Algeria will invest $60 billion in energy projects between 2025 and 2029 as part of a large-scale strategy to boost oil, gas and hydrogen development, Energy and Mines Minister Mohamed Arkab said this Monday.<\/p>\n<\/div>\n<div class=\"articleBody\">\n<p>Speaking at an energy forum in Algiers, Arkab said 80% of the investment will be directed toward upstream exploration and production, while the remaining funds will support refining and petrochemical projects.<\/p>\n<p>Arkab also highlighted Algeria\u2019s push towards cleaner energy sources, saying Algeria has launched projects to generate 3 200 megawatts of renewable energy as part of the country&#8217;s broader energy diversification efforts.<\/p>\n<p>&#8220;We are committed to the energy transition without abandoning gas as a natural resource,&#8221; Arkab said.<\/p>\n<p>He said that state energy firm Sonatrach aimed to reduce gas flaring to less than 1% by 2030, supported by a large-scale afforestation project covering 520 000 hectares.<\/p>\n<p>The North African country aims to strengthen its role as a key supplier of energy to international markets while meeting domestic demand and making a transition to more sustainable sources.<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Algeria will invest $60 billion in energy projects between 2025 and 2029 as part of a large-scale strategy to boost oil, gas and hydrogen development, Energy and Mines Minister Mohamed Arkab said this Monday. Speaking at an energy forum in Algiers, Arkab said 80% of the investment will be directed toward upstream exploration and production,&hellip; <a class=\"more-link\" href=\"https:\/\/www.channelafrica.co.za\/channelafrica\/algeria-plans-60-billion-energy-investment-over-five-years-energy-minister\/\">Continue reading <span class=\"screen-reader-text\">Algeria plans $60 billion energy investment over five years: Energy Minister<\/span><\/a><\/p>\n","protected":false},"author":34,"featured_media":8600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[85],"tags":[127],"class_list":["post-8599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-algeria","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/posts\/8599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/comments?post=8599"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/posts\/8599\/revisions"}],"predecessor-version":[{"id":16594,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/posts\/8599\/revisions\/16594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/8600"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=8599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/categories?post=8599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/tags?post=8599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}