For all its problems, Algeria retains key strategic role in Europe’s energy mix


In depth
Issue 291 - 18 Dec 2014 | 7 minute read

The Ukraine crisis has, once more, thrown the European Union’s dependency on Russian gas into question – creating a political context in which, a senior EU official says, “we have no options but Algeria” to secure steady supply. Major international oil companies (IOCs) see the development of conventional gas fields and Algerian shales – which are recognised as some of the most promising outside North America – as a key to supplying European and wider markets over coming decades.

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