Algeria’s Optimism Over In Amenas Tempered

Algeria’s In Amenas gas project is still not at full capacity after last January’s terrorist attack. Foreign partners BP and Statoil have yet to return workers.

BP and Statoil say their security concerns have yet to be fully met. Their absence has set back, by at least a year, billion-dollar projects to boost output at both In Amenas and In Salah, another key gas project in the Algerian Sahara, where the two firms also partner Algerian state firm Sonatrach. This comes as Algeria’s gas output, and export revenue, are in decline.

The firms withdrew their workers from both projects in the aftermath of the attack. Even at In Salah, 600km west of In Amenas, workers are only just starting to trickle back.

Two of the three 3 bcm/year trains at In Amenas have been taken back into service since the attack, which killed 40 oil workers and damaged facilities. But both BP and Statoil have yet to be convinced that their demands for tighter security measures have been met, and without their staff full production remains elusive. (CONTINUED - 716 WORDS)