Analysis and Studies - Products analysis
Natural Gas in Algeria: import and export
September 23rd 2022
The international situation regarding gas and energy prices is quite complicated nowadays. European countries are pursuing new energy policies in order to gain greater independence from the Russian Federation, and they are looking at new suppliers. One of the biggest suppliers of natural gas is Algeria, the 7th biggest exporter in the world. Countries like Italy have been trying in recent months to renegotiate agreements with exporting countries to obtain more supplies, and Algeria is now the country's leading gas supplier. Given the international situation and the perspective of a bigger role for the country in shaping world energy policies for the years to come, let’s look at the import and export of Algerian gas.
THE IMPORT AND EXPORT OF ALGERIAN PETROLEUM GAS
The main destinations for Algerian Petroleum Gas exports in 2020 were Italy ($2.83 billion), Spain ($1.8 billion), France ($1.02 billion), Turkey ($377 million), and Morocco ($330 million). Regarding the imports, Algeria sources petroleum gas primarily from Kazakhstan ($57 million), Russia ($2.65 million), Jordan ($88.6 thousand), the United Arab Emirates ($25.8 thousand), and Lithuania ($20.9 thousand).
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