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French Imports of Algerian Gas Soar by 92.1% in First Half of 2021: Report

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

French Imports of Algerian Gas Increase by 92.1%

According to Algerian newspaper Al-Shorouk, the volume of Algerian gas imported by France has increased by 92.1% in the first half of this year. This amounts to roughly half of the total gas imported by France.

Algerian Gas: A Vital Source of Energy for France

The Energy website, as reported by Al-Shorouk, states that Algerian gas now accounts for 49.9% of France’s total gas imports, making it the most important source of energy for the country.

Significant Economic Impact

A document from the French Ministry of Economy and Finance reveals that the value of Algerian gas imports to France is estimated at $1.6 billion.

Growth in Algerian Hydrocarbon Exports

The Energy website also reports a substantial increase in Algerian hydrocarbon exports to France during the first half of this year. The growth is estimated at 35.1% compared to the same period last year.

Increase in French Imports of Algerian Petroleum Products

In addition to gas, French imports of Algerian petroleum products have also seen a rise of 9.6% in the first half of this year, compared to the same period last year.

Source: Algerian newspaper Al-Shorouk

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