Both Statoil and other oil companies will continue to invest in Algeria despite the fact that there is still risk of terrorism in the country, an international security expert believes.
– If oil companies feel that Algeria has implemented adequate measures to guarantee the safety of oil and gas, and that they can also make money there, then they will continue their activity in the country, Geoff D. Porter says to Stavanger Aftenblad.
Porter is the founder and general manager of North Africa Risk Consulting and assistant professor at the counterterrorism center at the US Military Academy in West Point.
The gas plant in Krechba In Salah area, owned by Statoil, British BP and Algerian Sonatrach, was attacked by terrorists on March 18. The attack was allegedly carried out by four terrorists from an al-Qaida-linked group (al-Mourabitoun) who fired homemade grenades from a vehicle quite far from the plant. No one was injured in the attack.
Statoil has evacuated all its staff from gas fields around the oasis town after the attack, but reopened its headquarters in the capital Algiers on Wednesday .
Source: NTB scanpix / Norway Today