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النهار أونلاين
Algeria Leads Naphtha Exports to Europe
European naphtha imports in July 2026 increased, primarily supported by Algeria, reaching 1.74 million tons. This represents an increase of 490,000 tons compared to June, a rise of 39.2%. Algeria topped the list of exporters, with a monthly delivery rate that recorded its highest level since May of the previous year, exporting approximately 397,000 tons. This reflects heightened European demand due to the geopolitical escalation in the Middle East. Additionally, Algeria's exports to Asia increased from 292,000 tons in June to 441,000 tons in July. Meanwhile, US exports to Europe declined as the price gap between the two markets narrowed.
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