By Pietro Lombardi and Marwa Rashad MADRID, March 26 (Reuters) - Spain and Algeria are in talks to increase the supply of natural gas via the Medgaz pipeline from Algeria by as much as 10%, two
Spain, Algeria in Talks to Raise Pipeline Gas Supply by Up to 10%
Negotiations to Boost Medgaz Pipeline Capacity
By Pietro Lombardi and Marwa Rashad
Current Status of Talks
MADRID, March 26 (Reuters) - Spain and Algeria are in talks to increase the supply of natural gas via the Medgaz pipeline from Algeria by as much as 10%, two sources familiar with the matter said.
Advanced Stage of Negotiations
Talks are in advanced stage, one of the sources said, adding that a preliminary agreement may be reached during Spanish Foreign Minister Jose Manuel Albares's visit to Algiers this week.
Pipeline Capacity and Potential Increase
The increase would be possible as the pipeline between the countries has capacity to increase the flow of gas by around 1 billion cubic metres (bcm) per year, they said.
(Reporting by Pietro Lombardi and Marwa Rashad; Editing by Charlie Devereux)
