- Title: FILE: File video of Algerian oil plant at centre of mass hostage incident
- Date: 17th January 2013
- Summary: SLATE INFORMATION
- Embargoed: 1st February 2013 12:00
- Keywords:
- Location: Algeria
- Country: Algeria
- Topics: Crime
- Reuters ID: LVA2NQIEI81J6I57FYN81V24VGVW
- Story Text: Algerian state oil company Sonatrach's base in Tigantourine, the site of the oil worker kidnapping incident, lies about 25 km (15 miles) southwest of the town of In Amenas, a settlement of about 5,000 people near the Libyan border surrounded by oil and gas production facilities.
The In Amenas gas project is run by Sonatrach, the British oil company BP and Statoil of Norway. BP first worked in Algeria in the 1950s and returned in the late 1990s at the end of a long period of bloodshed and upheaval. The British company considers itself the largest foreign investor in Algeria.
In Amenas produces 9 billion cubic metres of gas a year(160,000 barrels of oil equivalent per day), more than a tenth of the country's overall gas output, and 60,000 barrels a day of condensate - a liquid often found with gas.
It is Algeria's third-biggest gas field and has been shut down until further notice, affecting gas supplies to Europe. - Copyright Holder: GAUMONT GRAPHIC NEWSREEL (REUTERS)
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