Ukraine Conflict: Algeria Ready To Supply Gas To EU

Algeria's state firm is ready to supply additional gas to the EU from its surplus, the company's boss has said.

This is in case of a decline in gas supplies due to the Russian invasion of Ukraine.

Sonatrach CEO Toufik Hakkar said the unmet capacity at the Transmed pipeline linking Algeria to Italy could be used to increase supply.

Algerian gas accounts for about 11% of Europe's gas imports.

The US had reached out to Algeria and other countries for gas supply alternatives in case the Russian invasion leads to low supplies to Europe.