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Europe Daily Bulletin No. 10655

14 July 2012
Contents Publication in full By article 32 / 35
EXTERNAL ACTION / (ae) algeria
“Galsi” pipeline project is put on back burner

Brussels, 13/07/2012 (Agence Europe) - The “Galsi” gas pipeline connecting Algeria to Italy (Sardinia) has been put on the back burner, according to the Algerian press. The national energy company of Algeria, Sonatrach, holds 41.6% of its capital. Sonatrach CEO Abdelhamid Zerguine, the Algerian press reports, has for the first time revealed the fact that the decision to begin developing the transcontinental gas pipeline, which is to carry 8 billion cubic metres, has been delayed due to...

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