Much to everyone’s surprise, on 8 June, Algiers announced that it was withdrawing from a friendship and cooperation treaty with Madrid. Algerian gas exports to Spain, which relies on Algerian supplies for nearly 50% of its energy needs, are not in Algiers’ crosshairs. At least for now.
About North Africa Risk Consulting
North Africa Risk Consulting Inc. is the political risk consultancy specializing exclusively in North Africa & the Sahara. NARCO helps firms navigate Maghreb markets. Ongoing events in North Africa and the Sahara have heightened the need to understand political circumstances, their trajectories and implications for the commercial environment. Learn more about North Africa Risk Consulting.