The first phase of construction of the gas pipeline which will link Algeria with the coasts of Europe began Friday day in Almeria, Spain, Medgaz said.

Medgaz is the company in charge of the project and its shareholders are Algeria's state-owned Sonatrach with 36 percent, Cepsa and Iberdrola SA with 20 percent each and Endesa SA and GdF with 12 percent each.

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