Middle East Economic Survey

VOL. L

No 26

25-June-2007

ALGERIA

Algeria Raises Stakes In Spanish Standoff Over Medgaz Sales, Pricing

The future of the 8 bcm/year Medgaz pipeline, Algerias biggest new gas export project, is in doubt following a dispute between Sonatrach and the Spanish authorities about the state-owned Algerian companys access to the Spanish gas market. Algerias Energy and Mines Minister Chakib Khelil described the Spanish governments decision earlier this month to restrict the amount...