Spain faces a fresh energy crisis after Algeria shut off supplies of natural gas through one of the two pipelines linking Spain with the North African state.
Like many other European countries, Spain has been hit hard by soaring electricity prices in recent months.
A surge in demand as the world’s economies began to recover from the COVID-19 pandemic has not been matched by supply, sending prices climbing.
Households have been hit by electricity prices which rose more than 40% in the past year, prompting the Spanish government to bring in emergency measures to reduce bills.
Now the fresh crisis over natural gas supplies from their North African neighbors has added to tensions in the energy market for Spain.
Algeria closed a land pipeline Sunday after a diplomatic dispute with its neighbor Morocco, through which the pipeline passes.
Algiers agreed to keep open a second pipeline which passes under the Mediterranean to Spain, but this does not supply as much natural gas as the land pipeline through Morocco.
Without any natural energy source except the burgeoning renewables market, Spain depends on Algeria for its natural gas supply.
Spain’s geographic isolation in western Europe and lack of any domestic source of energy has left it especially vulnerable.
The Spanish media have reported that the country could face possible blackouts because of energy shortages.
El Pais, a Spanish-language daily newspaper, reported Tuesday that Spain would have to deliver liquified natural gas, or LNG, supplies by ship which could prove costly as other countries are competing for the same supplies because of a world shortage of the energy source.
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