Algeria’s natural gas exports to Italy expected to soar by 20% in 2022

RIYADH: Algeria’s natural gas exports to Italy are expected to increase by 20 percent to 25.2 billion cubic meters, as Europe moves to reduce its dependence on Russian imports. 

Toufik Hakkar, CEO of the African country’s state energy firm Sonatrach, said the supply prospects for Algeria in the Italian market are promising, Bloomberg reported.

Data from Italy’s gas network reveals that the country has bought 20.9 bcm of natural gas from Algeria in 2021. 

Hakkar revealed that additional volumes of gas to Italy will be delivered in the coming weeks.