This is despite the fact that Algerian gas exports to Spain have been unaffected by the crisis. Infrastructure challengesThe practical reason why Algeria has refrained from halting gas exports to Spain is economics. Algerian gas exports to Spain came to $1.8bn—and represented over a quarter of the North African country’s total gas exports—in 2020. $1.8bn – Spain’s 2020 Algerian gas billAlgeria supplied Spain with 15.8bn m³ of gas via pipeline, as well as 2.4bn m³ of LNG shipments, in 2021. Sonatrach indicated in April that it is looking to hike prices for gas exports to Spain in particular.
Source: The North Africa Journal June 22, 2022 00:40 UTC