Pressdia Ad

Spain, Algeria in Advanced Talks to Boost Pipeline Gas Supply by Up to 10%

Spain and Algeria are in discussions to increase the flow of natural gas through the Medgaz pipeline by as much as 10%, according to two sources familiar with the matter, Reuters reported.

Don’t Miss This:

China Supports Algeria In Reopening Gara Djebilet, North Africa’s Largest Iron Ore Mine

One of the sources said the talks are at an advanced stage, noting that a preliminary agreement could be reached during the visit of José Manuel Albares to Algiers this week.

The proposed increase is considered feasible because the pipeline already has the capacity to raise gas flows by about 1 billion cubic metres (bcm) per year, the sources added.

Don’t Miss This:

Algeria Signs $5.4 Billion Oil And Gas Deal With Saudi Arabia’s Midad Energy

Image Credit: Reuters

Pressdia Ad

Unlock Doors Across Africa: Grab Your FREE Personal Branding & Networking Guide!

Ready to build a powerful personal brand and network that opens doors across Africa? This guide provides the blueprint for thriving in the continent’s dynamic business landscape.

Pressdia Ad

Latest Posts

Related Posts

LEAVE A REPLY

Please enter your comment!
Please enter your name here