NARCO ANALYSIS: Algeria-Spain Gas Dispute
By Geoff D. Porter
Following the announcement that Spain would reverse the flow of the now dormant Maghreb-España Pipeline (GME) and ship natural gas to Morocco, Algeria declared that if any of the volumes shipped to Morocco were of Algerian origin, it would suspend both piped gas and LNG shipments to Spain.
The likelihood of Algeria closing the valves should not be underestimated and there is a very real chance Algeria suspends its Spanish supply contracts...
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