Energy Industry Doesn't Understand Algeria Attack
The
attack on BP-operated Amenas gas facilities in the Algerian Sahara was a
spectacular lesson for the energy industry: No amount of high-tech
security is invulnerable to Sahelian militants.Billions will now be
spent on securing Western energy interests across the region and
investment will take a hit at a time when the big news was that the
industry’s junior players—particularly American and Canadian—were
growing ever so bold and willing to take risks in unstable regions.
Their markets may not be able to sustain this bravery…Read more...http://oilprice.com/Energy/Energy-General/Energy-Industry-Doesnt-Understand-Algeria-Attack.html
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