War, weather issues affect energy

02/04/2013
The fatal 4-day siege at the In Amenas gas production plant in eastern Algeria near the Libyan border that left 81 people dead "heightens concerns over protecting infrastructure in remote areas—a key factor for the planned $20 billion Trans-Saharan Gas Pipeline as well as other long-distance international energy infrastructure linking Africa, the Middle East, Central Asia, and Europe," said analysts at KBC Market Services, a division of KBC Process Technology Ltd. in Surrey, UK. They noted "small-scale force majeure sabotage disruptions of oil supplies from Iraq and Nigeria from time to time." However, KBC analysts said, "As we become more reliant on major project...
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