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Russia-Africa Summit

Russia, Algeria agree on extension of Russian companies' participation in gas projects

The Russian energy minister states that Algeria has plans to develop oil and gas projects, with Russian companies being ready to participate in the construction of Algerian energy facilities

ST. PETERSBURG, July 27. /TASS/. Russia and Algeria have agreed to extend the presence of Russian companies in gas production projects in Algeria, Russian Energy Minister Nikolay Shulginov said in an interview with TASS on the eve of the Russia-Africa summit.

"We have also agreed on extension of the presence of our companies in projects on gas production in Algeria," he said.

Algeria has far-reaching plans to develop oil and gas projects, while Russian companies are also ready to participate in the construction and reconstruction of energy facilities in the country, the minister added.

The second Russia-Africa summit is taking place in the Russian city of St. Petersburg on July 27-28, with an economic and humanitarian forum being held concurrently. This time, same as in 2019 when the first such summit was held in Sochi, the motto is ‘For Peace, Security, and Development’. Roscongress Foundation is the organizer of the event. TASS is the photo hosting agency and information partner of the summit and the forum, and it also holds the second Russia-Africa media forum.

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Oil & Gas Russia-Africa Summit

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