Middle East Economic Survey


No 23


Algerias Piped Gas Exports Set To Rise At Year-End

Algeria is set to witness a surge in gas exports of 15 bcm/year at the end of this year, with the completion of the Medgaz pipeline to Spain and the expansion of the Transmed pipeline to Italy via Tunisia. They are the first in a wave of new gas projects being undertaken in Algeria that could help Europe to diversify its energy supplies, and reduce its dependence on Russian gas. Project delays...