German economic minister to visit Algeria on energy

German Economic Minister Michael Glos will visit Algeria on Wednesday as part of Germany's efforts to address its energy concerns, local reports said Monday.

The minister, with a 50-member high-ranking business delegation, will meet with Algerian President Abdelaziz Bouteflika, Prime Minister Abdelaziz Belkhadem during the two-day visit, said German news agency DPA.

He is also slated to attend a German-Algerian economic forum, said the report.

German utility giant Eon has recently signed a declaration of intent with Algerian state energy company Sonatrach on a long-term provision of liquid natural gas (LNG).

Germany has been seeking to diversify its energy sources in a bid to reduce its heavy reliance on Russia.

Algeria, a major energy supplier to Europe, is the world's 11th largest oil producer and fourth largest natural gas producer.

Source: Xinhua