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France Seeks Additional Energy Supplies from Algeria

France Seeks Additional Energy Supplies from Algeria
France Seeks Additional Energy Supplies from Algeria — www.ennaharonline.com

France has requested additional energy supplies from Algeria amidst global oil and gas market disruptions. Paris is seeking to secure alternative energy sources to meet its needs. The request includes increased shipments of Algerian oil and liquefied natural gas (LNG) to bolster supply security. This move comes as French President Emmanuel Macron engages with Gulf countries and other suppliers to secure additional energy quantities.

France imported approximately 138,000 barrels of Algerian oil daily in April 2026, up from 43,000 barrels daily in March 2026. This increase allowed France to capture around 15% of Algeria's total oil exports for that month. However, Algeria's ability to boost LNG exports in the near term is constrained by existing contractual obligations to other clients.

Algerian state energy company Sonatrach has commitments that may hinder its ability to increase LNG shipments to France. The current contracts and delivery schedules limit Algeria's flexibility in redirecting LNG supplies. Despite these challenges, Algeria may still be able to increase its oil shipments to France.

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France's energy strategy involves diversifying its suppliers to mitigate risks associated with global energy market volatility. This approach aims to ensure a stable energy supply for France amidst ongoing market disruptions.

CONTEXT: Energy security is a critical concern for France, especially in light of global market disruptions and geopolitical tensions. Diversifying energy suppliers and securing alternative sources are essential for maintaining stable energy supplies and supporting economic stability. This development underscores the importance of international energy cooperation and the strategic role of Algeria as a key energy supplier to Europe.

Sources:النهار أونلاين

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