{"id":129052,"date":"2024-02-18T16:36:49","date_gmt":"2024-02-18T20:36:49","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/sonatrach-supply-gas-in-germany-sonatrach-supply-gas-in-germany\/"},"modified":"2024-02-20T11:53:51","modified_gmt":"2024-02-20T16:23:51","slug":"sonatrach-supply-gas-in-germany-sonatrach-supply-gas-in-germany","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/sonatrach-supply-gas-in-germany-sonatrach-supply-gas-in-germany\/","title":{"rendered":"Sonatrach to supply gas in Germany for the first time"},"content":{"rendered":"\n

Germany will for the first time receive natural gas through a pipeline from Algeria, thanks to a medium-term contract signed between a subsidiary of the trader VNG AG and the state-owned oil and gas company Sonatrach<\/a><\/strong>The companies announced on Thursday, February 8, 2024, according to Reuters reports.<\/p>\n\n

Sonatrach CEO Rachid Hachichi expressed his satisfaction at strengthening energy trade partnerships with Europe<\/strong> through this historic agreement with VNG. This agreement makes VNG the first German company to buy gas from Algeria through a pipeline, according to statements by VNG’s CEO.<\/p>\n\n

Sonatrach: commercial ally in the face of a possible crisis <\/h2>\n\n

The agreement was made with VNG Handel & Vertrieb GmbH<\/strong> (VNG), a wholly owned subsidiary of VNG AG, headquartered in Leipzig. Although no specific details were provided on the duration or value of the contract.<\/p>\n\n

Germany’s search for new suppliers intensified following Russia’s invasion of Ukraine in February 2022, ending decades of German dependence on Russian gas.<\/p>\n\n

It should be noted that Algeria’s gas production stands at 106 billion cubic meters per year, according to figures published by Sonatrach.<\/p>\n\n

European energy diversification and security<\/h2>\n\n

This new agreement between Germany and Algeria not only marks a milestone in energy trade relations between Europe and Algeria, but also underlines the growing importance of diversification of energy sources for European energy security<\/a><\/strong>. In a global context where dependence on a single energy source or supplier can lead to geopolitical and economic vulnerabilities, the inclusion of Algeria as a natural gas supplier to Germany reflects a conscious effort by European countries to broaden their energy supply portfolio.<\/p>\n\n

This not only improves energy security by reducing dependence on individual suppliers, but also offers the opportunity to negotiate better terms of trade, contributing to the stability of energy markets<\/strong>.<\/p>\n\n

In addition, this approach can foster international cooperation and the development of infrastructure that benefits multiple parties. In the long term, energy diversification is a crucial component of the transition to a more sustainable energy system that is less susceptible to political and market fluctuations.<\/p>\n\n

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Source: worldpipelines.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Inspenet, February 18, 2024.
\nGermany will receive natural gas through a pipeline from Algeria for the first time, thanks to a medium-term contract signed between a subsidiary of the trader VNG AG and the state-owned oil and gas company Sonatrach.<\/p>\n","protected":false},"author":8404,"featured_media":128838,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-129052","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/129052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8404"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=129052"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/129052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/128838"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=129052"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=129052"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=129052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}