Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

UPDATE 1-Algerian gas plant resumes some production - CEO

Sun, 24th Feb 2013 11:52

ALGIERS, Feb 24 (Reuters) - Algeria's Tiguentourine gasplant resumed some production on Sunday, more than a month afterdozens of foreign workers were killed in an Islamist attackthere, the head of the state energy firm Sonatrach told stateradio.

The gas facility operated by BP in partnership withNorway's Statoil and Sonatrach had been closed sincegunmen attacked it on Jan. 15 and seized hundreds of hostagesbefore the army stormed in four days later.

"It is a partial resuming of production ... we will get 3billion cubic metres per year," Sonatrach chief executiveAbdelhamid Zerguine was quoted as saying.

The plant produces about 9 billion cubic metres per year ofgas, about 11.5 percent of the country's annual total.

Algeria is a top energy supplier of gas to Europe, and a keyU.S. ally in its fight against al Qaeda in the Sahel region ofnorth Africa.

The attack on the plant was led by rebels loyal to senior alQaeda member Mokhtar Belmokhtar. Some 37 foreign hostages, and29 rebels were killed during the assault on the plant 50 km fromthe town of In Amenas, near the Libyan border.

When journalists visited the site two weeks after theattack, the marks of hundreds of bullets and several grenadeblasts scarred the concrete walls of some of the single-storeyvillas where foreign employees lived, and where some had died.

Local workers in anti-contamination suits were stilllabouring on the clean-up operation.

A conflict in the 1990s between security forces and Islamistinsurgents, which killed an estimated 200,000 people, stillcasts a shadow over Algeria. The fighting started after themilitary-backed government annulled an election which hardlineIslamists were poised to win.

Violence has sharply diminished but a hardcore of militantsaffiliated to al Qaeda continue to strike in remote areas in thenorth of the country.

Twelve militants have been killed by government forcesduring the past 48 hours in the northern regions of Boumerdesand Chlef, a statement released by the Ministry of Defence said.

Some 160 insurgents have been killed in Algeria since June2012, including the 29 who launched the attack against the gasplant, a security source who asked not to be named told Reuters.

Related Shares

More News
Today 15:15

UK dividends calendar - next 7 days

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...

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.