New Delhi, Jan 31 (PTI) Algeria should consider investments in Indian oil reserves and refineries, President Ram Nath Kovind said Thursday. Also Read - Lionel Messi Ban: Barcelona Star Could be Suspended For 12 Games Following Red-Card in Spanish Super Cup Final

Welcoming Algerian Foreign Affairs Minister Abdelkader Messahel, Kovind said India and Algeria enjoy traditionally warm and historic relations. Also Read - LIVE CRICKET SCORE Ind vs Aus 4th Test Day 5 Today's Match Live Updates Gabba, Brisbane: Rohit, Gill Eye Solid Start in 328 Chase

He said both the countries are cooperating in several strategic areas including space, defence and civil nuclear energy. Also Read - Brisbane Weather Forecast For 4th Test Day 5: Will Rain Play Spoilsport During India vs Australia Match at The Gabba, Start Time, Match Predictions

The president said that in the recent past, several countries in the Arab world have made investments in refineries, pipelines and related infrastructure in India.

“Algeria being the sixth largest exporter of gas and the 13th largest producer of petroleum products should consider similar investments, particularly in oil reserves, refineries and Liquefied Natural Gas (LNG) terminals. Such investments would be in mutual interest,” Kovind said.

This is published unedited from the PTI feed.