Algeria solves a dispute with Europe over gas exports

Algeria and the European Union have reached an amicable agreement to share profits in case Algerian gas is sold to another side or what is known the condition of destination ( where the product goes).

The Algerian minister of energy and mines Shakib Khalil said that the European Union abrogated a prior condition banning the selling of imported Algerian gas by one country of the European Union to a country which is not an EU member.

He added that Algeria used to ask the possibility of selling for a party which is not stated in the contract and that Algeria and the original buyer to share interest resulted from the second selling operation. This proposal was accepted by the European Commission following several round of negotiations between the two sides. A dispute that erupted recently between the two sides on this issue.