Rystad Energy projects the global LNG bill will hit $256.3 billion in 2026, an increase of $39 billion due to supply disruptions in the Gulf region. As Europe faces a sharp rise in costs due to its reliance on spot markets, Algeria is leveraging its geographic advantage. By utilizing the Transmed and Medgaz pipelines to supply Italy and Spain directly, the country bypasses volatile maritime shipping routes. Despite domestic production challenges and high local consumption, Sonatrach continues to prioritize long-term indexed contracts and is expanding its supply agreements with partners like Germany, positioning itself as a reliable energy supplier in a strained global market.