Algeria consolidates its position as top gas supplier to Spain and Italy
11-02-2021 13:08:03 | by: Bob Koigi | hits: 3875 | Tags:

In 2020, Algeria exported to Italy a volume of gas of 14.8 billion cubic meters, an increase of 12% compared to 2019, according to data from state owned oil company Sonatrach.

Its market share thus increased to a level of 22% in 2020 against 18% the previous year.

“Algeria consolidates its position as the 2nd largest gas supplier on the Italian market despite the drop in gas imports from Italy in 2020 which recorded a drop of 8% compared to 2019 to stand at 66 billion of cubic meters, ” said Sonatrach, explaining that this drop in consumption was due in particular to the Covid-19 pandemic

On the other hand, Algeria has also consolidated its position as Spain's leading gas supplier in 2020 with an exported volume of 9.6 billion cubic meters part of which is intended for Portugal, which represents a market share by more than 29%.

Spain's gas imports fell by around 13.5% in 2020 compared to 2019 to stand at 32.6 billion m3.

These gas volumes were delivered by pipeline through Medgaz and GME to Spain, via GEM to Italy as well as by the Sonatrach LNG carrier fleet (LNG) (APS).