BP Rethinking Libya Operations After Algeria Crisis

From The National

By Florian Neuhof

BP is reconsidering its operations in Libya after the terrorist attack on its gas facilities in Algeria and as industry concerns over security in Libya grow.

“We had expected to restart drilling at the end of the second quarter this year, but we’re currently reviewing our plans,” a BP spokesperson said.

The British oil major was left stunned by the attack on Ain Amenas gasfield – operated by BP, Statoil and Algeria’s Sonatrach – which left 37 foreign workers dead after a four-day siege.

The incident immediately raised questions over Libya, where oil production has staged a strong comeback after the civil war, but where many of the fields lie exposed in remote desert locations.

BP had been exploring acreage in Libya before the civil war that ended Muammar Qaddafi’s 42-year reign.

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