BP's Algerian Gas Projects Expansion Will Be Delayed

BP’s gas projects in Algeria, In Amenas and In Salah, are not expected to move forward as planned, BP Chief Executive Bob Dudley told a conference call for analysts on Tuesday, reports Reuters.

The project, which is being undertaken in partnership of Sonatrach, BP and Statoil, were disrupted and closed after an attack on the In Amenas gas plant by militants in January.

Dudley said that BP will continue to work with the joint venture to bring those projects online a little later, Reuters reports.

Quting Dudley, the news agency reports that two out of three gas trains are back up and running now at In Amenas, producer of 11.5 percent of Algeria's gas prior to the attack.

In Salah is also functioning, but plans to increase output at both centres are now on hold, Dudley said.

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