My Financial News from Algeria, Economy

from Bing and Google News
Algeria , Sunday 31 May 2026

Given capacity constraints, Algeria is no quick fix for Europe’s Russian gas concerns

Published on: Tuesday 08 March 2022

Given capacity constraints, Algeria is no quick fix for Europe’s Russian gas concerns While Europe might be ready for more Algerian gas as it looks to diversify its suppliers, Algeria’s current production capacity limits its ability to substantially increase export volumes to Europe. As of now, any meaningful increases in Algerian production will require years of exploration and development and more crucially, further energy industry reforms to attract new investment.



Share this news on:  

RELATED NEWS