Algeria and Europe Collaborate on Green Hydrogen Project

Algeria and Europe sign an MoU to explore the feasibility of a green hydrogen project, aiming to supply Europe via the SoutH2 Corridor, marking a significant step toward sustainable energy collaboration.

In a move for the future of renewable energy, Sonatrach (Algeria), Sonelgaz (Algeria), Vng (Germany), Snam (Italy), SeaCorridor (a partnership between Eni and Snam), and Verbund Green Hydrogen (Austria) have signed a memorandum of understanding (MoU) to assess the feasibility of a green hydrogen project in Algeria aimed at supplying Europe through the SoutH2 Corridor. The agreement was signed at the Oran Convention Center, with key leaders from the energy sector, including Algerian Minister of Energy and Mines, Mohammad Arkab, and top executives from the participating companies.

A Multi-Stakeholder Green Hydrogen Collaboration

This MoU sets the stage for the comprehensive study and assessment of a large-scale green hydrogen production initiative in Algeria. The project aims to produce and export green hydrogen, leveraging the existing SoutH2 Corridor to supply Europe with a sustainable and low-carbon energy source. The SoutH2 Corridor is expected to play a pivotal role in facilitating the export of green hydrogen from Algeria to European markets, strengthening ties between North Africa and Europe in the renewable energy sector.

Europe’s Commitment to Clean Energy

Europe's increasing focus on decarbonization and clean energy aligns with this collaborative venture. The partnership between European energy giants like Snam, Vng, and Verbund Green Hydrogen with Algeria’s Sonatrach and Sonelgaz highlights the growing importance of green hydrogen in meeting climate targets and achieving energy security for both regions. The studies will determine the feasibility and profitability of the project, assessing the entire value chain of green hydrogen, from production to delivery via the corridor.