In a written statement from Sonatrach, “the first memorandum of understanding of strategic intent aims to identify the best options for increasing power exports to Europe with the goal of ensuring power security with a focus on supporting Algeria’s sustainable transition.” words were included.
In the statement, it was pointed out that the memorandum of understanding is based on a four-axis structure, and these four axes include increasing the existing gas carrying capacity, laying a new gas pipeline boundary for the transport of natural gas, supplying alternately blue and green hydrogen and ammonia, laying the submarine electric cable and liquefying the existing natural gas. said to increase its capacity.
Emphasizing that the second memorandum signed will determine the possibilities for reducing greenhouse gas emissions in Algeria and the best techniques to implement this reduction, it was noted that these new agreements will strengthen the partnership between Algeria and Italy and confirm the key role of Sonatrach as one of the main power suppliers in Europe. .
28 billion cubic meters of natural gas will be provided
At the ceremony held in the presence of Algerian President Abdülmecid Tebbun and Italian Prime Minister Giorgia Meloni, the memorandums of understanding were signed by Sonatrach Senior Manager Tevfik Hakar and ENI Senior Manager Claudio Descalzi.
ENI Senior Manager Descalzi announced today that Algeria will supply 28 billion cubic meters of natural gas to Italy with the prestige of 2024.
Descalzi accompanies Italian Prime Minister Giorgia Meloni, who is visiting Algeria.
Algeria, whose relations with Spain are tense due to the problem of Western Sahara, is connected to Europe by three different natural gas pipe borders extending to Italy’s Sicily Island via Tunisia, to Spain via Morocco, and to the Almeria region in the south of Spain.
