Algerian President Dispels Spain’s ‘Energy Concerns’

Algeria's President Abdelmadjid Tebboune speaks during a meeting with US Secretary of State Antony Blinken on March 30, 2022, at El Mouradia Palace in Algiers. Jacquelyn Martin, AP
Algeria's President Abdelmadjid Tebboune speaks during a meeting with US Secretary of State Antony Blinken on March 30, 2022, at El Mouradia Palace in Algiers. Jacquelyn Martin, AP
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Algerian President Dispels Spain’s ‘Energy Concerns’

Algeria's President Abdelmadjid Tebboune speaks during a meeting with US Secretary of State Antony Blinken on March 30, 2022, at El Mouradia Palace in Algiers. Jacquelyn Martin, AP
Algeria's President Abdelmadjid Tebboune speaks during a meeting with US Secretary of State Antony Blinken on March 30, 2022, at El Mouradia Palace in Algiers. Jacquelyn Martin, AP

Algerian President Abdelmadjid Tebboune on Saturday said his country will not abandon its commitment to supply Spain with gas despite a diplomatic row with the European country over Western Sahara.

"We assure the Spanish friends, the Spanish people that Algeria will never abandon its commitment to supply Spain with gas under any circumstances," Tebboune said in an interview aired on state television late on Saturday.

Algeria informed its European economic partner last month that it was raising the price of gas. Against the backdrop of the ongoing war in Ukraine, Algeria approved Italy's request for increased liquefied gas supplies to compensate for the Russian gas.

Madrid expressed concerns over the impact of this decision on its share of gas, especially that Algeria clearly stated that it intends to review its partnership with Spain in the energy sector.

Algeria also summoned its ambassador to Madrid to show its discontent at the “sharp turn” taken by Spain in supporting Morocco's autonomy plan for Western Sahara. This stance was expressed by Prime Minister Pedro Sánchez.

“We demand the implementation of the international law for the return to normal in our relations with Spain,” Tebboune added.

He said that Spain shouldn’t forget its historical responsibility.

In another context, the president expressed intention to carry out partial amendments to the government in the coming days, based on the results of each sector. Yet, he did not reveal the ministers’ names.

Tebboune added that the amendment would take into consideration the ministers’ abidance by the instructions given by the president during cabinet meetings.



OPEC+ Postpones Output Policy Meeting to Dec 5

People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov
People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov
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OPEC+ Postpones Output Policy Meeting to Dec 5

People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov
People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov

The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid a conflict with another event, OPEC said on Thursday.
A summit of Gulf Arab countries is due to be held in Kuwait City on Dec. 1 which several OPEC+ ministers plan to attend, OPEC said in a statement.
"Sunday does not suit everyone," a source had told Reuters before the official announcement.
Top OPEC+ ministers have held talks ahead of the meeting. OPEC+ sources have said there will be discussion over a further delay to oil output increases due to start in January.
Saudi Energy Minister Prince Abdulaziz bin Salman on Wednesday had a phone call with Russian Deputy Prime Minister Alexander Novak and Kazakh Energy Minister Almasadam Satkaliyev while in Kazakhstan on an official visit.
Iraq, Saudi Arabia and Russia held talks in Baghdad on Tuesday.
OPEC+, which comprises OPEC and allies led by Russia pumps about half the world's oil. The group aims to gradually unwind oil production cuts through 2025 which it introduced to help support prices.
However, a slowdown in Chinese and global demand and rising output outside the group pose hurdles to that plan.
OPEC+ on Nov. 3 again postponed its first output hike which had been set for December by one month.