Algeria exports to Spain, Italy down from earlier in year Oil-indexed gas contracts out of the money Washington — Receive daily email alerts, subscriber notes & personalize your experience. Register Now Abdelaziz Bouteflika, the embattled president of Algeria, has resigned, the official APS news agency reported Tuesday. Algeria’s exports of LNG and pipeline natural gas to Europe were not likely to be affected, according to one analyst. The announcement of Bouteflika’s resignation comes after Algeria’s army Tuesday called for his immediate resignation. Abdelkader Bensalah, president of the Council of the Nation, will be acting president for 90 days, during which time new presidential elections will take place. Algeria’s constitution states the head of the upper house of parliament should serve as interim leader for up to 90 days, until a new election can be held. Boutelika announced Monday that he would resign before the end of his term […]