Algeria’s Energy Minister Arkab Engages in Strategic Dialogue at 61st JMMC Meeting

Algeria’s Energy Minister Arkab Engages in Strategic Dialogue at 61st JMMC Meeting

✍️ BY: Dr. Hana Saada

Virtual Session Focuses on Production Compliance, Market Stability, and Short-Term Forecasts as OPEC+ Seeks to Reinforce Equilibrium in an Unpredictable Energy Landscape

Algiers, Algeria– Monday, July 28, 2025 | In a high-stakes consultation that underscores the critical role of Algeria within the global energy architecture, Mohamed Arkab, Minister of State and Minister of Energy, Mines, and Renewable Energies, took part on Monday via videoconference in the 61st meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ signatory countries.

Convened under the auspices of the Declaration of Cooperation, this session sought to rigorously evaluate the conformity of participating states with their production adjustment commitments for the months of May and June 2025. Beyond compliance, the committee examined the prevailing dynamics of the global oil market and deliberated on its short-term outlook against a backdrop of mounting geopolitical and economic uncertainties.

The JMMC, an influential body that meets on a bi-monthly basis, serves as the operational backbone for ensuring adherence to voluntary production adjustments agreed upon by OPEC+ members. Its mandate includes providing informed recommendations aimed at preserving market equilibrium, curbing volatility, and sustaining investor confidence in a sector that remains both strategically indispensable and highly sensitive to global disruptions.

Composed of eight member nations—Algeria, Saudi Arabia, the United Arab Emirates, Iraq, Kuwait, and Venezuela representing the OPEC bloc, alongside non-OPEC partners Russia and Kazakhstan—the committee embodies a delicate balance of producer interests. Its decisions reverberate across energy markets, shaping not only pricing dynamics but also macroeconomic trajectories worldwide.

The deliberations at this 61st session are particularly consequential, given the fragility of global demand recovery amid fluctuating economic signals, persistent geopolitical risks, and the dual imperatives of energy security and climate transition. Analysts view this meeting as pivotal in reaffirming the credibility of OPEC+ as a stabilizing force, especially as the alliance navigates the complex interplay of production discipline, market share considerations, and external pressures from consuming nations.

As Algeria asserts its voice within these strategic dialogues, Minister Arkab reiterated the country’s unwavering commitment to the principles of cooperation and consensus-building that underpin the OPEC+ framework.

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