Algerian gas to strengthen energy security of the European Union: Policy, capacity and strategy

Abstract

The last decade has seen relative stability in the global gas market, with European countries benefiting from access to abundant and inexpensive gas supplies, primarily from Russia. However, the onset of the Russo-Ukrainian war has exposed Europe's energy vulnerabilities, given its heavy reliance on Russian gas. In response, Algeria has emerged as a key alternative, drawing increased diplomatic engagement from the European Union. Algeria's significance stems not only from its considerable gas reserves and potential for production expansion but also from its geographical proximity to Europe and its robust gas infrastructure, including LNG tankers and a comprehensive pipeline network. This paper seeks to delve into Algeria's potential to bolster the European Union's energy security. Through a detailed examination of Algeria's resource capabilities and insights drawn from the experiences of Spain and Italy—countries that have navigated political tensions and competition with Russian gas respectively—the study aims to provide a nuanced analysis of how Algeria can play a pivotal role in ensuring a stable and secure energy supply for Europe.