The Energy Industry is Not Safe in North Africa

The Energy Industry is Not Safe in North Africa

by admin@oilprice.com (Editorial Dept)

Energy interests sector-wide should be prepared for the coming security nightmare that is the Sahel. At a time when even the juniors have become unaccountably brave in frontier regions, the hostage crisis in Algeria demonstrates just how vulnerable the industry is.It is vulnerable both to the whims of Western military intervention and to Salafi jihadist moves to take advantage of a transnational opening that would have been unheard of with Gaddafi, Mubarak and Assad still in control in Libya, Egypt and Syria.The hostage crisis at the BP-operated…Read more...http://oilprice.com/Energy/Energy-General/The-Energy-Industry-is-Not-Safe-in-North-Africa.html