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Algeria… the last energy refuge for Europe

March 25, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Algeria… the last energy refuge for Europe

“Algeria has once again proven to be a strategic and reliable partner for Italy in the energy sector, especially in times of crisis and difficult circumstances,” is the essential conclusion echoed by various Italian media commenting on Prime Minister Giorgia Meloni's visit to Algeria. In this context, the newspaper “Il Sole 24 Ore,” which is considered the strongest economic daily in the country, highlighted that Algeria has become the last energy refuge for Europe and the West in general, amid the situation in the Middle East and the effects of the closure of the Strait of Hormuz on global energy supplies, noting that the country has gas reserves estimated at about 4500 billion cubic meters and is among the leading producers in the region.

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