Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Algeria's Sonatrach estimates $11 million of losses a day

Sat, 19th Jan 2013 16:25

ALGIERS, Jan 19 (Reuters) - Algeria's national oil and gascompany Sonatrach has estimated $11 million of losses a day fromthe shutdown of the In Amenas plant taken over by alQaeda-linked fighters three days ago, a source inside thecompany said on Saturday.

The Algerian army staged a final assault on the gunmen onSaturday, a local source and the state news agency said.

The Sonatrach source, who asked not to be named, said thedate for the plant to resume operations was not known.

Related Shares

More News
20 Jun 2024 21:19

BP to buyout Bunge's stake in Brazilian JV in USD1.4 billion deal

(Alliance News) - BP PLC on Thursday said it has agreed to buy Bunge's 50% stake in the BP Bioenergia SA joint venture for USD1.4 billion.

20 Jun 2024 17:38

BP to buy out Bunge's stake in Brazilian biofuels JV in $1.4 bln deal

LONDON, June 20 (Reuters) - BP has agreed to buy grain trader Bunge's 50% stake in Brazilian sugar and ethanol joint venture BP Bunge Bioenergia for...

20 Jun 2024 16:48

Carlyle creates new Med oil and gas company with $945 mln Energean deal

LONDON, June 20 (Reuters) - Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private eq...

15 Jun 2024 00:04

Crew evacuated from Greek-owned vessel hit by Houthis

MANILA/LONDON, June 14 (Reuters) - The crew of a Greek-owned vessel damaged in an attack by Yemeni Houthi militants has been evacuated, and the aban...

13 Jun 2024 16:22

Ukraine agrees on first LNG supply deal with US company Venture Global

June 13 (Reuters) - Ukraine signed on Thursday its first liquefied natural gas (LNG) deal with a U.S. company to help to avert an energy supply crun...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.