Spain seeks quick settlement of Gas Natural-Sonatrach dispute over gas prices

摘要

The visit of Spanish industry minister Miguel Sebastian to his Algerian counterpart Youcef Yousfi in Algiers on Monday has heightened expectations that Madrid could find a quick agreement with Algeria following a protracted dispute over the price of gas imported from the North African country. This comes after an arbitration court ruled this summer that Algeria's Sonatrach can increase the price of gas supplied to Spanish incumbent Gas Natural Fenosa via the Maghreb-Europe pipeline.