Algeria News & Events, Latest News for Algeria

Update: Monday, 14 April 2008    

Chakib Khalil today in Spain

Awaiting Spanish reply on Medgaz appeal
Monday Jul 02 2007.

Minister of Energy and Mines, Chakib Khalil, leads an important delegation which is visiting today Barcelona (Spain), in order to take part in the delivery ceremony of International Information Center and Documentation Guide of Barcelona.

The visit reflects the extents taken by contentious issues between Algiers and Madrid, merely gas issue, as it is the second visit of Khalil to Spain in less then three months.

Algeria, however, awaits a reply from Spain concerning its basic demands, including reviewing gas prices and authorize Sonatrach increasing its gas exports into Spain up to 3 b cubic meters, as well as raising Sonatrach shares in MEDGAS project to 36%.

Spain is still reserved, while Sonatrach partners in MEDGAS project have given their support to the Algerian position through submitting a second appeal.

Discussions about the controversial gas issue between Algeria and Spain would be inevitable, despite a statement released by Ministry of Energy and Mines underlining that the delegation’s visit to Spain comes in response to an invitation sent by president of CIDOP Institute Narcis Sierra to take part in the ceremony mentioned above.

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