Algeria To Increase Exploration Efforts, Confirms Galsi Pipeline Project

Algeria’s Prime Minister Abdelmalek Sellal said that this country will beef up investments in the energy sector, promoting an “historic” energy connector to Italy that will increase European energy security. 

“We will continue exploring. We will increase hydrocarbon production” Sellal said in Rome on Thursday, adding that Algiers proposed Rome to create a strategic partnership to increase Italian and European energy security.

During a press conference available on the Italian government’s website, Sellal also spoke about an energy interconnector to be built between the two countries by a joint venture of Algerian and Italian companies.

On Wednesday, Sellal said his government wants to relaunch the Galsi gas pipeline from Algeria to Italy. 

In this context, regional security is central. It comes as no surprise that the two Prime Ministers confirmed their support for Bernardino Leon, UN’s special envoy for Libya. 

“Over the last years, Algeria demonstrated it can export security” said Italy’s Prime Minister Matteo Renzi, adding that Italian policy on Libya hinges on an international effort to establish a national unity government.  

Earlier this week, Eni announced a new discovery of gas and condensates offshore Libya, in the Bouri North exploration prospect in Area D. 

During the Third Italo-Algerian Summit, the two governments signed seven inter-governmental agreements ranging from political cooperation to partnership in agriculture and technology.

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