Algeria to increase Italy gas deliveries, Sonatrach CEO says
Algeria to increase Italy gas deliveries, Sonatrach CEO says
Sonatrach CEO Tewfik Hakkar's remarks were aimed at ending rumours that Algeria is facing difficulties fulfilling its contract with Italy, a source familiar with the matter said.
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Algeria's gas exports have so far reached 17.8 billion cubic metres, Sonatrach's CEO Tewfik Hakkar said [Nacerdine ZEBAR/Gamma-Rapho/Getty-file photo]
will increase deliveries to Italy this year to 25.2 billion cubic metresÌýfrom 20.9 billion cubic metresÌýin 2021, Algerian state-owned firmÌý CEO Tewfik Hakkar saidÌýon Wednesday.
Gas exports have so far reached 17.8 billion cubic metres, a rise of 17 percent, Hakkar told news agencyÌýBloomberg.
Hakkar's remarks were aimed at ending rumours that Algeria is facing difficulties fulfilling its contract with Italy, a source familiar with the matter told Reuters.
The key message is "don't worry Italy, Algeria will supply the agreed volumes," said the source, who asked not to be named.
produced 103 billion cubic meters of gas in 2021, exporting 54 billion cubic meters, according to Sonatrach's figures.
(Reuters)
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