ALGERIA’S ECONOMY: OIL DIVERSIFICATION, METRO DELAYS AND A HEALTH
Oil & Gas: Sonatrach’s Diversification Under Pressure Second, geopolitical tensions in the Red Sea—where Iran claimed strikes on U.S. warships and oil tankers—disrupt global shipping routes critical for Algeria’s liquefied gas exports. A 2023 report by the International Energy Agency (IEA) shows Algeria’s LNG shipments to Europe dropped 3.5% in Q1 2024 due to rerouting … Read more