
As Europe are in the middle of war and reacting to the invasion of Ukraine. Which affects the energy markets and the trouble of importing gas from the Russian Federation. This is through the pipelines and other measures, which is not only the Nordstream II, which is put on hold. However, this has been through Gazprom and companies, which is similar selling the gas to European nations like Germany and Italy.
Therefore, the news of a possible significant import importunities from Algeria. That is coming from Sonatrach who could do their part and take market-shares from Russian counterparts. This is really a wise move from the Algeria company. This is a company owned by the Algerian government and has several of subsidiaries. So, this is a wise move of them. Not, only to be in direct market in Europe and ensure partners who needs their supply. While we know there is plans of a pipeline for gas from Nigeria all the way to Algeria. If that is built. There would be even more gas and possible energy to the European continent from Northern-and-Western Africa. Which could secure more direct domestic revenue in these nations.
Here is the newest information:
“Responding to a question on the redeployment of Sonatrach on the European gas market in the context of the Ukrainian crisis, Mr. Hakkar argued that the public oil group “has unused capacity on the Trans-Mediterranean gas pipeline (linking Algeria to Italy), which he believed could be used to increase supplies to the European market. Referring to geographical proximity, he stressed that Europe is the “natural market of choice” for Algerian energy products, specifying that Algeria contributes up to 11% of the continent’s total gas imports. “The European market is supplied via its network of pipelines which accumulates a shipping capacity of 42 billion Cm3 of natural gas and in liquefied form thanks to a production capacity of more than 50 million m3 of LNG and a fleet of 6 LNG carriers”, he detailed” (Hana Saada – ‘Gas: Sonatrach expresses readiness to support European partners in “difficult situations” 27.02.2022, DZBreaking.com).
If the Sonatrach is becoming a new ally and ensure the needs of energy in Europe. Surely, they will cause a serious blow to the addiction of Russian gas, which is a serious issue in the conflict in Ukraine. Central Europe has gotten used to the steady shipment of Russian gas. So, if the Algerian company and subsidiaries can deliver the same. It would be a serious challenge… while also securing the Sonatrach contracts and supplies, which will make the Algerian company more profitable.
What is also cool about this… is that a former French colony is coming to the aide of Europe and helping with it needs. Yes, it is profitable and entrepreneurial of Sonatrach. This is a good business move and hopefully they succeed. It will also make the Europeans less addicted to Russian gas, but have other channels for steady supply. The short proximity from Algeria to Italy and other European counties. Should also be important and be seen positive news for Europe.
For Russia on the other hand. One of their sources for exports and steady revenue could get partially hit by this. The Algerian company and Nation is clever here and we can only hope it pays-off. As this is a smart source for gas to the Central European nations. Peace.








