Militant attack on Algerias In Amenas gas field halts production.

By bne IntelliNews January 18, 2013
Gas production at Algerias In Amenas field near the border with Mali was halted after an attack by an Islamist group that seized dozens of workers as hostages on January 16, AFP reported. In a subsequent attack by the Algerian army to free the captives, at least 30 hostages and 11 Islamist militants were killed on Jan 17. Algerias gas industry is losing around 24 million cubic meters a gas per day and 60,000 barrels a day of liquids production due to the attacks. British oil giant BP, Norway's Statoil and Algerian state-run energy firm Sonatrach are jointly operating the In Amenas plant. Algeria is the third largest gas supplier to Europe with its economy heavily dependent on gas export revenues.

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