By Geoff D. Porter
Circumstances around Russia’s invasion of Ukraine are simultaneously evolving very quickly and yet not as quickly as some had anticipated. One of the big concerns – which North Africa Risk Consulting raised in a 2 February note is that the conflict will disrupt Russian natural gas supplies to the European Union, raising the possibility that Algeria could become an alternative supplier.
While a Russian gas cut has yet to happen, the Russian energy sector is collapsing before our eyes. Developments have since been fast and furious, not least in Algeria.
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