Algeria says it can help supply Europe with more gas if needed

Algeria's state energy firm has offered to supply Europe with more gas in the case of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.

Algeria offers to supply EU with extra gas amid Russia-Ukraine crisis

Read More »

Sonatrach is "a reliable gas supplier for the European market and is willing to support its long term partners in the event of difficult situations," Sonatrach CEO Toufik Hakkar was quoted as saying in the daily Liberte. 

He pointed to an "unused capacity" in the Transmed pipeline that could be used to "increase the supplies to the European market".

Hakkar said Europe is the "natural market of choice" for Algerian gas, which accounts for about 11 percent of Europe's gas imports.