While Europe might be ready for more Algerian gas as it looks to diversify its suppliers, Algeria’s current production capacity limits its ability to substantially increase export volumes to Europe. As of now, any meaningful increases in Algerian production will require years of exploration and development and more crucially, further energy industry reforms to attract new investment.
Support contracts are attracting increasing attention as a way of supporting deployment of Carbon Capture and Storage (CCS) and other low-carbon technologies.
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