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French Imports of Algerian Gas Surge by 92.1% in First Half of 2021, Making Algerian Gas the Most Important Energy Source in France
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French Imports of Algerian Gas Surge by 92.1% in First Half of 2021, Making Algerian Gas the Most Important Energy Source in France

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French Imports of Algerian Gas Rise by 92.1%

According to a report from Algerian newspaper Al-Shorouk, the first half of this year saw a significant increase of 92.1% in French imports of Algerian gas. This accounts for roughly half of the total gas imported by France.

Algerian Gas: A Vital Energy Source for France

The Energy website, as cited by Al-Shorouk, highlights that Algerian gas imports to France have reached 49.9% of France’s total gas imports. This makes Algerian gas the most crucial source of energy for France.

Valued at $1.6 Billion

A document reviewed by the Energy website, included in the economic message of the French Ministry of Economy and Finance, estimates the value of these gas imports at $1.6 billion.

Increased Hydrocarbon Exports

The Energy website also reports a significant growth of 35.1% in Algerian hydrocarbon exports to France during the first half of this year, compared to the same period last year.

9.6% Rise in Algerian Petroleum Imports

Furthermore, French imports of Algerian petroleum products have increased by 9.6% in the first half of this year, compared to the same period last year.

Source: Algerian newspaper Al-Shorouk.

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