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[BUSINESS] · Germany, Algeria · 2 sources

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Germany imports 74,000 tonnes of Algerian LNG in October

Germany received a second shipment of liquefied natural gas (LNG) from Algeria in October, totaling 74,000 tonnes. This follows an initial delivery of 50,000 tonnes received three months prior. The shipment, provided by Sonatrach, accounted for approximately 17 percent of Germany's total LNG imports for the month.

These deliveries occur as Germany works to secure energy supplies ahead of the winter season. As of early November, German gas storage levels were reported between 60.2 percent and 61.5 percent, trailing regulatory targets of 70 to 80 percent. Across the European Union, average storage levels reached approximately 74 to 75 percent, marking the lowest levels since 2013.

The energy situation is further complicated by international market disruptions, including tensions in the Strait of Hormuz, which have impacted supply and pricing. The Algerian shipments are part of an expanding energy partnership between Algiers and Berlin, following agreements signed in February 2024 and July 2024 between Sonatrach and the German company VNG.

Entities

Algeria · Germany · Robert Habeck · Sonatrach · VNG