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Message Subject Watch as it Develops - The Staged War Against Islamists in Northern Mali
Poster Handle insertfunnyusername
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"The gas field at In Amenas accounts for 18% of Algeria's total gas exports, Le Monde reports. Gas flows from the country to Europe via the Transmed pipeline. Italian officials told the French newspaper that exports from Algeria fell 17% on Thursday, one day after the plant was taken over.

An analyst with Societe Generale estimated the value of the facility's output at $3.9bn annually."

 Quoting: insertfunnyusername


Algeria has been losing $11m a day as a result of the shutdown at the In Amenas plant, state-run oil firm Sonatrach told R**ters. Fears have been expressed over the impact of the crisis on the hydrocarbons sector, key to the Algerian economy
 
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