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    CNBC: Algeria: Another threat to Europe’s energy security

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Summary

Kiev conflict is not the only potential threat to European energy security—there's also Algeria

by: Sruthi

Posted in:

Press Notes

CNBC: Algeria: Another threat to Europe’s energy security

Investors are watching Moscow and Kiev as the West worries about Russia squelching natural exports to Europe. But that conflict is not the only potential threat to European energy security—there's also Algeria.

Algeria is the fourth-largest natural gas supplier to Europe and the world's ninth-largest producer overall. It also happens to be home to growing social discontent, especially among its youth.

Young Algerians, who form the vast majority of the OPEC country's population, essentially skipped the Arab Spring of 2011 and 2012 but are calling for change amid rampant unemployment and the re-election of a septuagenarian president that they see as out of touch.

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