Diplomats from Italy and Spain are holding talks after Rome’s move to secure large volumes of Algerian gas stoked concerns in Madrid that its own access to the key fuel could be affected, according to people familiar with the situation. (https://www.bloomberg.com/news/articles/2022-04-12/italy-and-spain-hold-talks-to-head-off-tension-over-algeria-gas) Europe is scrambling to displace Russian sources of energy following Moscow’s invasion of Ukraine. Italy’s deal for extra volumes from Algeria — equivalent to about 12% of its demand — is a significant step toward easing dependence on Russia.
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