Algeria to increase natural gas exports to Italy by 50%
11 April 2022; MEMO: Algeria intends to increase its natural gas exports to Italy by 50 per cent as part of a new deal expected to be signed today, Bloomberg reported.
According to the agency, the agreement is "non-public" and stipulates that "Algeria will increase its exports to Italy by 9 to 10 billion cubic meters per year by the end of 2022."
Italy received about 21 billion cubic meters of gas from Algeria in 2021, compared to about 29 billion cubic meters from Russia.