Algerian President Abdelmadjid Tebboune suggests sale of spare electricity capacity to Europe

Algeria’s President Abdelmadjid Tebboune, speaks during the start of a meeting with U.S. Secretary of State Antony Blinken (not pictured), at El Mouradia Palace, the President’s official residence in Algiers, Algeria.

Algeria is offering to Europe its spare electricity capacity, and it is planning a 270 km undersea pipe towards Italy, Algerian President Abdelmadjid Tebboune told reporters in an interview on Thursday.

Algeria is also pushing to double its gas exports to reach 100 billion cubic metres per year versus 56 billion cubic metres per year in 2022, Tebboune added.

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