Monday, 21 January 2013 20:27

'Grave fears' for energy industry in North Africa

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BP may be forced to reconsider further gas exploration in North Africa as a result of the Algerian hostage crisis, fearing more targeted attacks against its workers in the region, industry sources said yesterday.

The British energy giant is Algeria's largest investor in a country that is the third-largest supplier of gas to the EU. BP, already a major investor in Libya, had been granted new gas licences in the country days before Islamic terrorists took over the In Amenas gas plant near the Algerian/Libyan border.

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