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Prices of additional quantities of Algerian liquefied gas will rise

March 8, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Prices of additional quantities of Algerian liquefied gas will rise

An Italian official stated that his country could turn to Algeria and other countries, including Australia and the United States, for additional quantities of liquefied natural gas amid the crisis following the war in the Middle East, but prices, according to him, will rise. Meanwhile, the company 'Snam', responsible for the internal gas network, revealed that Algeria guarantees 34 percent of the country's gas imports as the first supplier to Italy. In this context, Gianni Morano, president of the Italian Fuel Companies Association, stated in remarks recently reported by the ANSA agency, 'For Italy, the situation is critical regarding liquefied natural gas, and we import 9 billion cubic meters from Qatar, which is 50 percent of our LNG imports.'

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