Algerian Minister of Hydrocarbons Mohamed Arkab met with Faramarz Ekhteraei, president of the Iranian Petrochemical Commercial Company (IPCC), on June 28, 2026, to discuss potential collaborations. The meeting focused on exploring new projects within the petrochemical industry. State-owned Sonatrach, Algeria’s national oil company, and IPCC are the key players in this developing partnership. Details of the specific projects were not immediately disclosed. This meeting signals a continued strengthening of economic ties between Algeria and Iran, particularly in the energy sector. Further discussions are expected to define the scope and timeline of these new petrochemical ventures. The initiative aims to bolster both nations’ petrochemical capabilities and potentially expand export opportunities.