European natural gas supplies are not only waning because of lower Russian supply. And since August 2021, when Algeria severed its diplomatic relations with Morocco, the conflict has spread to gas pipeline politics too. As the Iberian Peninsula is not strongly connected to the European gas grid, importing gas from other European nations is also going to be challenging in the short term. Algerian natural gas supplies are still the main and at present the only real option. At the same time, Algeria stated bluntly today that it targets a 30% gas market share in Europe.

Source: The North Africa Journal November 06, 2021 21:43 UTC