Algeria Squeezed In Europe’s Gas Market by a Flood of LNG
Algeria Squeezed In Europe’s Gas Market by a Flood of LNG 3(Bloomberg) — Algeria’s natural gas pipeline exports to Europe are getting squeezed by cheaper Russian supplies and a global abundance of the liquefied form of the fuel. European clients of Sonatrach have “greatly reduced their demand” for conventional gas from Algeria, resulting in a 25% drop the level of sales expected this year, said …
News story posted on 2019-11-24T06:46:00.0000000Z