Algeria Now

Algeria and Bangladesh Sign MoU to Boost Hydrocarbon Cooperation

20 Oct 2026 · Source: Algeria Now

Algeria and Bangladesh Sign MoU to Boost Hydrocarbon Cooperation

Algeria and the People’s Republic of Bangladesh signed a memorandum of understanding in Algiers on Tuesday, aiming to deepen bilateral cooperation in the oil and gas sector, the Algerian Ministry of Hydrocarbons said.

The agreement was signed by Algerian State Minister for Hydrocarbons Mohamed Arkab and Bangladesh’s Minister of Energy, Mineral Resources and Electricity Iqbal Hassan Mahmood.

The MoU sets out a framework covering the entire hydrocarbon value chain, from exploration and production of oil and gas to the development of transport, processing, storage and marketing infrastructure.

It also calls for joint assessment of investment opportunities and the development of related infrastructure, seeking to foster long‑term partnership between the two nations.

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