Algeria 2, July 21, 2018

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TENSIONS AND CONFLICTS ON ENERGY IN THE MEDITERRANEAN The risks weighing on Algeria

The greed of the great powers is all the more justified because Algeria holds, according to the latest report of the United Nations Conference on Trade and Development (Unctad), the third world reserves of shale gas.

In a relevant analysis in a conference-debate organized at the National Institute of Global Strategic Studies (Inesg), in Algiers, the expert Francis Perrin revealed that tensions and conflicts over energy in the Mediterranean will go on crescendo with the scarcity of the resource. The French expert said that the discovery of gas and oil fields in this area is still subject to strong political tensions, a new energy region of the world, at the gates of Europe, Africa and Middle East. Placed among the main countries holding shale gas reserves, exploitable according to the latest report of the United Nations Conference on Trade and Development (Unctad), Algeria is not immune to these potential geopolitical tensions.
The greed of the major powers is all the more justified as Algeria holds, according to the same report by UNCTAD, the third world reserves of shale gas, technically recoverable. Unctadded its report with a study by the American Energy Information Agency (EIA) that dates back to 2015. We understand the unrest that is already driving the two world energy giants, know the United States of America and Russia. According to Sonatrach Group CEO, Abdelmoumen Ould Kaddour, Algeria has turned to an American law firm, Curtis, Mallet-Prevost, Colt & Mosle LLP, and other law firms. to draft a new hydrocarbons law to attract investment. An announcement that reassures the Americans but this is not the case for Russia. 'Everything seemed like a booster offer to avoid a total American control over this Algerian vein. It was necessary to act quickly ', notes an Algerian expert who wants as proof the remarks held three days ago by the Russian ambassador in Algiers. in an interview with the Sputnik agency, Igor Belayev, argued that 'the field of energy, especially the exploitation of shale hydrocarbons, will be essential for the development of Russian-Algerian cooperation'. says an Algerian expert who wants proof of the remarks made three days ago by the Russian ambassador in Algiers. in an interview with the Sputnik agency, Igor Belayev, argued that 'the field of energy, especially the exploitation of shale hydrocarbons, will be essential for the development of Russian-Algerian cooperation'. says an Algerian expert who wants proof of the remarks made three days ago by the Russian ambassador in Algiers. in an interview with the Sputnik agency, Igor Belayev, argued that 'the field of energy, especially the exploitation of shale hydrocarbons, will be essential for the development of Russian-Algerian cooperation'.
For Francis Perrin, the development of the energy sector in the Mediterranean remains, as for other regions of the world, dependent on the geopolitical stakes and the interests of the great powers. Also, he warned that Algeria must ensure that its domestic consumption, including electricity, in permanent growth, does not dry up, little by little, its gas export capacity. It has, in this sense recalled, that Algeria has committed for this purpose a major program of development of renewable energy and does not exclude exploiting the shale gas resources of its Saharan subsoil.
This French expert and former journalist specializing in energy issues, said that the close link between energy and geopolitical issues is palatable in the situation of countries like Libya and Syria.
To this end, Francis Perrin recalled the consequences of the 'Arab Spring', including the fall of the regimes of several Arab-Mediterranean countries, especially those known for their significant potential in energy resources. In the case of Libya, he noted the direct impact of the collapse of the regime of Colonel El Gueddafi and the chaos that has since affected the country on the Libyan energy sector. According to him, it is impossible to manage normally an oil and gas sector, in the presence of two Libyan Parliaments and two national hydrocarbons companies, while the tension, omnipresent, of the armed groups in this country, complicates more the situation.

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