Algerian LNG exports to France surge

Algeria's liquefied natural gas (LNG) exports to France increased by 30% in October, reaching 296,000 tons, the highest level recorded since March. This represents an 84% jump compared to the same period last year. France has become the top destination for Algerian LNG, accounting for 29% of total shipments and covering 16% of French import needs. Regarding crude oil, Algerian supplies to France rose to 40,000 barrels per day in October, following a weak performance in September. France currently ranks as the third-largest buyer of Algerian crude, trailing Spain and South Korea.