Gas compressor station CAiro, Apr 27Algeria may terminate the contract for the supply of natural gas to Spain in the event of a violation of contractual obligations by Madrid and the launch of a gas reverse, the Arab country's energy ministry said on Wednesday. through the Maghreb-Europe gas pipeline (MEG)». The procedure is scheduled to be launched on Wednesday or Thursday, the Spanish side said.The media learned how many countries in Europe paid for gas from Russia in rubles «(Supply) of any amount of Algerian gas exported to Spain, but not sent to the party specified in the contract, will be considered a breach of contractual obligations and may lead to the termination of the contract between the Algerian Sonatrach and Spanish customers,» the ministry said. At the same time, Algerian President Abdelmajid Tebboune promised on Sunday that Algeria would not stop gas supplies to Spain «regardless of the circumstances.» jpg» />Europe will not last even a week without Russian gas, Medvedev saidIn 2021, Algeria did not renew the contract for gas supplies to Spain through the Maghreb-Europe gas pipeline passing through Morocco. The termination of the contract is connected with the rupture of relations between Algeria and Morocco. Since November, all gas supplies from Algeria to Spain have been going through the Medgaz gas pipeline through the Mediterranean Sea. Algeria is one of the ten largest world gas producers. The level of oil production in the country before the introduction of restrictions under the OPEC + deal in May 2020 was about 1.3 million barrels per day, in February 2022 — 982 thousand barrels. The Algerian state oil company Sonatrach is engaged in the production, processing, transportation and sale of hydrocarbons and is the largest not only in Algeria, but throughout Africa.
