19:04 Alexander Stafford (Rother Valley) (Con)

Throughout my time working on Algeria, I have chosen to characterise Anglo-Algerian relations as being composed of four main pillars of mutual co-operation and interest: energy, trade, security and culture, which encompasses history, tourism and heritage. Algeria aligns with a number of diverse issues that are of great relevance to me. Hon. Members will be aware that energy, business and history have long been my interests, alongside promoting British expertise in those areas globally. The UK’s position as a finance hub, a tech hub, a home to world-class universities and a leader in many economic sectors puts us in a unique position to share our technologies and expertise with Algeria and help it to unlock its huge potential. Our recent presidency of COP26 and our green-tech capabilities will enable us to help Algeria to pursue its energy transformation.

Let me return to the four pillars of co-operation that I referred to at the beginning of my speech. Energy is currently by far and away the greatest area of British-Algerian co-operation. Several British companies are investing in Algeria in the energy field, and are considered among the most important foreign investors, including BP. Oil and gas are a critical part of Britain’s transition to net zero, and fossil fuel companies have a huge role to play in research and innovation for renewables. In the wake of Putin’s illegal war in Ukraine, it is more important than ever that we have a reliable supplier of energy and, with my renewables background, I see a mutual opportunity for Britain and Algeria in the green energy space.

Algeria will need to pivot towards renewables over the coming decades. Promising steps have already been taken in harnessing the solar power potential of the vast Sahara desert. I believe that there is a central role for the export of British skills, technology and expertise in renewable energy to Algeria, particularly in solar panels, wind turbines and hydrogen. We must seize that opportunity for the benefit of UK plc.

Simultaneously, Algeria will reap the rewards of its natural geographic advantage—it is the biggest country in Africa, with lots of space and sun—to ensure that its energy industry and wider economy is just as prosperous with renewables as it is with fossil fuels. In the build-up to COP26 in Glasgow, I was pleased to see the now Foreign Secretary visit Algiers in March 2020 and sign a declaration of intent of co-operation in the field of environmental protection, sustainable development and renewable energies.

There was a story in the press over the weekend about green energy in relation to Morocco, with the possibility of some of it being exported to the United Kingdom using a channel under the sea. Does the hon. Gentleman know about that? Is there a possibility of Algeria and Morocco doing a deal with the United Kingdom?

I thank the hon. Member for intervening again in my debate; it is always a privilege to hear from him. That sounds like an interesting idea. As I said, in our post-Brexit world, we need to explore all options, especially when it comes to the decarbonisation of our energy fields.

Britain and British energy companies must work with Algeria to implement the Algerian renewable energy strategy, an investment of US $100 billion by 2030 that will result in the country producing a third of all its domestic energy from renewable sources. There is definitely room for more to be done beyond energy, however, with rich opportunities to deepen ties in agriculture, infrastructure, pharmaceutical, mining and rare earths, cyber and digital. The aforementioned 2020 declaration of intent of co-operation established an investment taskforce to allow businesses to continue operating freely after the end of the UK’s transition period with the EU, and committed to co-operating across a range of areas including political, economic, security and cultural relations.

Algeria is diversifying its economy by prioritising entrepreneurship, start-ups and renewable energy. I particularly welcome the new incentives being introduced and the new frameworks being set up by the Algerian Government to encourage foreign investment. Algeria is also looking for modern, equal relationships and wishes to build alliances in Europe to navigate a way forward through a volatile petrochemicals market. It also desires to lift opportunities for the Algerian people to new heights.

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