Nigerian billionaire Kola Karim, through his company Shoreline Energy International, is positioning himself as a key player in Algeria's natural gas strategy, according to verified reports from 2025 and 2026. Algeria, a major gas exporter, is seeking to boost production and attract foreign investment.
Shoreline Energy has been involved in discussions and preliminary agreements with Algerian state-owned company Sonatrach. The focus is on developing gas fields and infrastructure, particularly in the southern regions. Karim's experience in Nigeria's oil and gas sector is seen as an asset.
As of early 2026, no final contracts have been signed, but the partnership is part of Algeria's broader plan to increase gas exports to Europe amid shifting energy markets. The move aligns with Algeria's goal to maintain its role as a key supplier.
