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AL24 News
AL24 News
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On June 23, Algeria issued a joint statement with Qatar, Nigeria, and the United States calling for an amendment to the European Union's methane emissions regulation. The letter highlights the difficulty some oil and gas exports will face in meeting the new requirements by January 2027. It emphasizes the need to adopt a "suspension mechanism" and safeguard long-term contracts in order to prevent supply disruptions and spikes in energy prices. The Algerian Minister of Energy reaffirmed that this initiative aims to support European energy security and strengthen dialogue with European partners.
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