Slovenia on cusp of signing gas supply deal with Algeria

Euractiv | Oct 21, 2022 at 8:35 AM
  • Slovenia’s gas trader Geoplin will soon sign a natural gas supply deal with Algeria’s Sonatrach, Infrastructure Minister Bojan Kumer announced on Thursday.
  • By far the country’s largest importer of natural gas, typically imports roughly three-quarters of annual gas volumes from Russia, there are still some snags.
  • The government has set aside up to €700 million for a capital increase in this year’s budget, a move which would effectively lead to the company’s nationalisation.