Algeria’s gas role questioned

30 Jul 2014   Algeria

Algeria’s role as a key supplier of natural gas to Europe should be reviewed given production declines, the European Council on Foreign Relations said Tuesday. The European Union spends an average $1 billion per day on energy imports. More than 60 percent of the region’s gas supplies come from foreign suppliers, notably Russia, Norway and Algeria respectively. A policy brief published Tuesday by the European Council on Foreign Relations said the EU has a short-sighted stance on Algeria, which should be viewed as an “unreliable partner.” Mansouria Mokhefi, special adviser for the Middle East and North Africa at the French Institute of International Relations and author of the report, said that, while Europe is eager to diversify an energy sector dependent on Russia, Algeria may not be a good backstop. “Algeria’s sharp rise in domestic energy consumption and concurrent decline in gas production suggests that Algeria […]

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