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Algerian Gas Flows to Italy Expected to Rise 20% this Year

NATURAL GAS

Algeria expects gas flows to Italy to jump by 20% this year versus last according to Toufik Hakkar, chief executive officer of state energy firm Sonatrach.

  • The yearly total is expected at 25.2 billion cubic meters, up from 20.9 billion cubic meters last year.
  • The volume of gas pumped to Italy under long-term contracts will be about 21.6 billion cubic meters this year, while the amount sold under spot transactions is likely to total 3.6 billion cubic meters.

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