Crude oil and European gas prices firmed as the attack by militants on BP’s gas plant in Algeria raised uncertainty about the future of a leading supplier of energy to the region.
Algeria is the ninth-largest global gas producer and fifth-largest exporter, accounting for 11 per cent of the European gas market. The gas is imported mainly through Spain and Italy, and the In Amenas field produces 9bn cubic metres of gas a year, accounting for about 2 per cent of total European demand.
Algeria attack sends energy prices higher - FT.com
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