New Delhi, Jan 31 (PTI) Algeria should consider investments in Indian oil reserves and refineries, President Ram Nath Kovind said Thursday.Also Read - Delhi Triple Suicide: Mother, Two Daughters Found Dead Inside Vasant Vihar Apartment

Welcoming Algerian Foreign Affairs Minister Abdelkader Messahel, Kovind said India and Algeria enjoy traditionally warm and historic relations. Also Read - Rakhi Sawant - Urfi Javed Party And Dance to 'Choli Ke Peeche Kya Hai,' Fans Say, 'Sangati Ka Asar’ - Watch Viral Videos

He said both the countries are cooperating in several strategic areas including space, defence and civil nuclear energy. Also Read - To Fight Attrition, THESE Companies Offering Esops, Bonuses To Employees

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.