A Memorandum of Understanding was recently signed between energy industry players from Europe and Algeria to kickstart the SoutH2 project, a significant energy corridor set to transport 4 million tonnes of green hydrogen annually to Europe by 2030. The project involves key entities such as Sonatrach, Sonelgaz, VNG, Snam, SeaCorridor, and Verbund Green Hydrogen for hydrogen production, distribution, and transport. Feasibility studies funded at several hundred million euros will assess pipeline conversion and renewable energy generation in Algeria. The initiative, part of the European strategy for energy transition, emphasizes reducing dependence on fossil fuels and strengthening energy security in Europe. The 3,300 km pipeline project, estimated at 10 billion euros for implementation, aims to support CO2 emissions reduction and renewable energy development. While public funding from the REPowerEU plan is crucial, private investment is needed to complement these funds, especially for infrastructure and hydrogen production. The SoutH2 project not only addresses European energy needs but also has geopolitical significance by diversifying energy sources and reducing dependence on Russian gas. It enhances transnational cooperation and energy partnerships between European countries, with France potentially joining in the future to expand hydrogen production. Overall, the project signifies a step towards a greener and more secure energy landscape in Europe.