Libya, Egypt to Beef Up Oil Fields Security

Reuters21.01.2013 Security
Libya, Egypt to Beef Up Oil Fields Security After Algerian Crisis

Libya, Egypt to Beef Up Oil Fields Security After Algerian Crisis

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Libya rushed to beef up security at its oil fields and energy firms were considering similar measures in Egypt as Islamist militants threatened to attack new installations in north Africa.

More than 20 foreigners were still being held hostage or missing inside Algeria’s In Amenas gas plant (photo) on Friday after Algerian Forces stormed the desert complex near the Libyan border to free hundreds of captives taken by Islamist militants.

Libya and Algeria are Africa’s third and fourth largest oil producers with Libya also the largest oil reserves holder on the continent. Together with Egypt they are important gas suppliers to Europe and the budgets of all three countries are heavily dependent on energy revenues.

Libya’s oil protection force, affiliated with the Defense Ministry, said there had been no reports of incursions into its oilfields, where more guards and military personal had been deployed and security patrols intensified inside and around the sites around the clock.

“Due to events in the region, the Petroleum Faculty Guard has taken a series of actions to enhance and reinforce the protection of oilfields, facilities and employees in the western and southern regions of Libya,” it said.

Libya’s National Oil Corporation chairman Nuri Berruien confirmed increased security measures at fields on the Algerian border.

Some Libyan oil fields such as Italy’s Eni’s Elephant are located several hundred kilometers across the desert from In Amenas, where the hostage tragedy unfolded last week.

The militants said they attacked the facility in retaliation for France’s intervention in neighboring Mali and warned Algerians to stay away from sites with a foreign presence.

That attack and the warning triggered a mass exodus of expatriates from Algerian oil and gas production sites and security experts have said similar evacuation could be on the way across other north African countries.

Even in Egypt, thousands of kilometers away from In Amenas, the oil industry was feeling unnerved. “If there is a critical situation (in Egypt) we will take measures including staff evacuation. At the moment, everything is under control,” a spokesman for Russian oil major LUKOIL

Royal Dutch/Shell, which has a heavy presence in Egypt, said it was looking carefully at the geopolitical situation to make appropriate security arrangements, but declined specific country-related comments.

Chief Executive of global oilfield services major Schlumberger, Paal Kibsgaard, told a conference call on Friday security in the entire region was under renewed scrutiny.

“If you talk about Algeria and Libya, we are operating there with security measures and, with what has happened in the last week, we are relooking at that,” he said.

Source: Reuters – Photo: AFP



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