Italy looks to boost energy ties with gas-rich Algeria

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Italian Premier Giorgia Meloni to visit Algeria looking to boost already strong energy ties with the north African nation

Algeria has replaced Russia as Italy’s No. 1 energy supplier, sending natural gas via the Trans-Mediterranean pipeline.

“We want Italy to become a European hub for Algerian gas. A junction for other EU countries,” Algeria’s ambassador to Rome, Abdelkrim Touahria, said in an interview with Rome dailyItaly and gas-rich Algeria now want to build on then premier Mario Draghi’s successful initiatives last year to boost Algerian energy supplies to Italy, the diplomat said.

An initial deal last year concluded by Draghi added 9 billion cubic metres of gas by 2023-2024, Eni said at the time. Months later, in July, a $4 billion agreement between the companies Eni, the Italian energy company, Occidental and Total was concluded. Touahria said that Italy’s Eni and the Algerian oil company Sonatrach are also looking together to the future with projects like oil and gas exploration in the south Sahara.Besides energy, a raft of topics also will be discussed during Meloni’s visit, from naval construction to cars and startups.

 

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