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  • Jeudi 24 Février 2011 -- Le ministre de l'Energie et des Mines Youcef Yousfi a estimé jeudi que l'Organisation des pays exportateurs de pétrole (OPEP) agira pour sécuriser le marché pétrolier en cas de perturbation dans l'approvisionnement. «Je ne pense pas qu'il y aurait une perturbation notable (du marché) en raison de ce qui se passe en Libye», a‑t‑il estimé, lors d'une conférence de presse avec des journalistes algériens, dont l'APS, lors d'une visite à Illizi. «Mais si une perturbation réelle est constatée, l'Opep prendra des décisions pour sécuriser le marché», a‑t‑il également ajouté. Jeudi matin, le baril de pétrole Brent de la mer du Nord pour livraison en avril a frôlé les 120 dollars jeudi matin, à 119,79 dollars, avant de se replier. La Libye produit 3 % de la consommation mondiale d'or noir. «L'inquiétude va au-delà de la Libye, qui est un producteur relativement modeste, et concerne les plus gros producteurs qui pourraient aussi être affectés par le risque de contagion des révoltes», a estimé Victor Shum, analyste chez Purvin and Gertz à Singapour. La production d'hydrocarbures de l'italien ENI, premier producteur étranger en Libye, a été réduite de plus de 50% à 120.000 barils par jour dans ce pays à la suite de l'arrêt de certaines activités à cause des violences, a indiqué jeudi le directeur général qui a rapatrié une grande partie de son personnel. Le groupe a également interrompu les livraisons de gaz libyen à travers le gazoduc Greenstream, seul gazoduc reliant la Libye à l'Italie et donc à l'Europe. Plusieurs autres compagnies pétrolières opérant dans le pays ont annoncé un ralentissement, voire la suspension de leurs activités, à l'instar des groupes allemand Wintershall, français Total et espagnol Repsol.

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    • LONDON, February 24, 2011 (Dow Jones) -- The Organization of Petroleum Exporting Countries will act if Libya's current crisis leads to significant disruptions in global oil markets, Algeria's energy minister was quoted as saying Thursday, adding it saw this as unlikely. In remarks quoted by official Algerian agency APS, Youcef Yousfi said: "I don't think there could be a notable disruption [on the market] because of what's happening in Libya. "But if a real disruption is observed, OPEC will take decisions to secure the market," he said. He was speaking after April Brent crude on London's ICE Futures exchange inched close to $120 a barrel Thursday morning, as evidence of oil shutdowns mounted in Libya amid widespread unrest. Libya's oil output has dropped 75%, Paolo Scaroni, chief executive of Italy's Eni SpA, said earlier Thursday.

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      • February 24, 2011 -- As Canada and Brazil are to the U.S. oil markets, Russia is to the energy-hungry euro zone. This gives Gazprom all the cards. Libya was not a major piece of the European energy equation, but even now the prospect of a civil war over Tripoli has had an impact on the business of continental energy companies like Austrian refiner OMV and Italian oil and gas producer Eni. A disruption in Algeria - which produces 17% more oil than neighboring Libya, and where the government ironically just ended a 19-year state of "national emergency" to calm the crowds - could heap additional strain on these companies' supply lines. Between them, Algeria and Libya account for 4% of global oil production, most of it going to Europe across the Mediterranean. This makes Gazprom and its pipelines even more indispensable than ever when it comes to keeping Europe's lights on and homes heated. Solar and wind are coming along, but in the meantime, the Russians are the obvious beneficiaries: And do not glaze over the strategic story here. With Brent crude oil reaching toward $120, oil-rich Russia's fiscal position is gapping up by the day. Sooner or later, Wall Street is going to upgrade Moscow again, and when that happens, RSX is the obvious place to play.

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        • February 24, 2011 -- Italian energy company Eni SpA, which accounts for most of the Libyan petrol sector, idled operations, driving crude oil prices to their highest levels in two and half years. Germany's Wintershall AG was the first petrol company to temporarily halt its operations in eastern Libya. In southwest Libya, Spain's Repsol-YPF and Austrian partner OMV also partially suspended operations, shutting down the 200,000 barrel/day Sahara field and evacuating workers. The ports of Benghazi, Tripoli and Misrata, which deal with cargo and container vessels, also suspended shipping operations. Arabian Gulf Oil Company and the Sirte Oil Company, which together produce up to 280,000 barrels/day in eastern Libyan fields, are "functioning under the control of pro-democracy rebels", MarketWatch reported Wednesday.

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          • MILAN, February 24, 2011 (Reuters) -- Escalation of unrest in major gas producers Algeria and Tunisia would pose a far bigger threat to supplies into Italy and Europe than the current disruption caused by violent turmoil in Libya, analysts said on Thursday. Italy, which imported almost 70 billion cubic metres (bcm) of gas in 2009, received over 21 bcm of gas from Algeria, via Tunisia, nearly three times what it used to get from Libya. In 2010 Algerian imports rose to 25-26 bcm. The Libyan gas disruption is far less serious than the Russian-Ukraine gas crisis in the frigid winter of 2006 which set alarm bells ringing across Europe and forced Italy to tap strategic reserves. "Libya is not a major problem because you can source gas from elsewhere. But if Algeria goes down we're in a different ballgame. It would be a real problem for next winter given that we replenish our gas stocks in the summer," said Paolo Ghislandi, secretary general of Italian association of energy traders and suppliers AIGET.

            Unrest has spiralled across north Africa and the Middle East since late last year, toppling the presidents of Tunisia and Egypt this year, sending many thousands of people onto the streets demanding political and economic change. On Tuesday Algeria's cabinet adopted an order to lift a 19-year-old state of emergency in a concession designed to dodge the tide of uprisings sweeping the Arab world, but protesters said it was not enough. Gas transmitter Snam Rete Gas, the biggest regulated gas business in continental Europe, has said Italy's strong pipeline links to north Africa and Russia as well as ample storage capacity make it a good candidate for becoming a Mediterranean gas hub for Europe. Russia is Italy's second-biggest gas supplier with imports in 2010 totaling 22-23 bcm.

            Analysts say now is not the worst time for a disruption crisis given that Italian consumption is still depressed after the economic crisis, there is a lot of spare capacity and the winter season is ending. "The Russian pipeline (TAG) is only 60 percent used and anyway stocks would see us through to the summer. But there would be a big impact on prices and a looming problem for next winter," said Stefano Casertano, senior fellow at German think-tank BIGS-Potsdam.org. Italy, which has no nuclear power and just two liquefied natural gas (LNG) plants, is dependent on gas imports to help fuel its power stations which are around 50 percent gas fired. Italy has 9 bcm of working gas storage capacity, over 95 percent controlled by Snam. There are also 5.1 bcm of strategic reserves which can only be tapped after government approval. Snam is over 50 percent owned by oil and gas giant Eni which controls key import pipelines carrying gas from Russia, North Europe, Libya and Algeria. Eni said earlier on Thursday its oil and gas output from Libya had more than halved to 120,000 barrels of oil equivalent a day. "If anything happens in Algeria there will be big moral suasion to build more LNG plants which lower security of supply risk," AIGET's Ghislandi said.

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            • Boris Yaremenko:


              February 25, 2011 -- In March, Algeria will export gas to Europe via Medgaz pipeline laid beneath the Mediterranean Sea. The EU continues to reduce its dependence on Russian gas, and Algeria continues to strengthen its position as a natural gas distributor in Europe. At the moment this country is the third largest supplier to the EU. The construction of the pipeline started in March of 2008. The pipe from the field Hassi Rmel is laid to the Algerian port of Beni Saf (574 km), where it goes under water. Then it stretches for another 210 km beneath the Mediterranean Sea in the direction of Spain. The capacity of the pipeline is 8 billion cubic meters of gas per year.

              The Medgaz consortium that was involved in the construction of the gas pipeline includes the Algerian Sonatrach - 36%, Spanish CEPSA - 20%, Iberdrola - 20% and Endesa - 12% and Gaz de France - 12%. Interestingly enough, the construction of the underwater part of the line was conducted by the Italian company Saipem, that earlier has lost a tender for construction of the Russian Nord Stream in the Baltic Sea. 630 million euros was spent on the construction of the underwater area. The entire project is worth over 1 billion euros, against the planned 900 million. However, the EU is willing to pay for supply diversification. Three gas pipelines have already been laid from Algeria to the European continent. These are TransMed pipeline leading to Italy, the Maghreb-Europe pipeline and Medgaz carrying supplies to Spain.

              Algeria came in second in the world in terms of export of liquefied gas. This North African country is one of the largest suppliers of gas to the EU. It accounts for 20% of the EU gas. It is expected that by 2013-2014 gas exports from the country to Europe should amount to approximately 85 billion cubic meters. At the moment, Algeria officially exports 62 billion cubic meters of gas to the EU. However, the instability in the Maghreb countries could disrupt the supplies in the strategically important for the EU gas pipelines. In particular, TransMed line passes through the territory of Tunisia that has barely recovered from the riots. In addition, there may be problems with the operation of Greenstream pipeline which supplies gas to Europe from the troubled Libya.

              Nevertheless, the diversification of gas supply and marketing of large volumes of liquefied natural gas allows counteragents of Gazprom to intensify the pressure to reduce the contract price for the Russian natural gas. However, the EU's dependence on gas supplies from North Africa in the case of increasing chaos in the provider and transit countries can improve Gazprom's position in Europe and make South Stream project more popular. The uncertainty in the Arab East will bolster oil prices. On the world market the price of crude Brent oil exceeds $100 per barrel. This means that gas prices tied to oil quotations will soon crawl up and the Russian gas monopoly will be able to win back its price positions lost earlier. However, in strategic terms the position of Gazprom in the EU and the price of gas will largely depend on the interaction between the major gas suppliers to Europe.

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              • Abdellah Allab :


                Samedi 26 Février 2011 -- Sonatrach compte lancer début mars un vaste plan de recrutement pour embaucher 12.000 nouveaux collaborateurs en 2011 pour contribuer aux efforts du gouvernement de résorber le chômage des jeunes diplômés, a appris TSA de sources concordantes. La direction de la société nationale des hydrocarbures a reçu récemment des instructions de la part du ministre de l’Énergie et des mines, Youcef Yousfi, pour avancer à 2011 la mise en œuvre de son plan de recrutement 2012, selon les mêmes sources. Ce plan concerne des recrutements dans différentes activités de la compagnie : recherche, exploration, raffinage, transport par canalisations, etc. L’objectif est double : résorber le chômage des nouveaux diplômés afin d’atténuer la tension sur le front social et remplacer les travailleurs qui ont quitté ces dernières années la compagnie pour d’autres sociétés, ont précisé nos sources. Le ministre a également demandé à Sonatrach de transformer les contrats à durée déterminée (CDD) de 2.500 employés contractuels en contrats à durée indéterminée (CDI). Sonatrach compte lancer les premiers concours de recrutement durant la première semaine du mois de mars prochain. Confronté à une crise sociale sans précédent depuis plusieurs mois, le gouvernement tente d’absorber la colère populaire en prenant des mesures notamment pour lutter contre le chômage qui frappe les jeunes. Il a décidé de faire de Sonatrach et d’autres entreprises publiques les fers de lance de sa nouvelle politique sociale.

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                • Rania Slimane :


                  Samedi 26 Février 2011 -- Le ministre de l’Intérieur Dahou Ould Kablia s’est dit, samedi 26 février dans une déclaration à TSA, étonné des informations diffusées par certaines chaînes satellitaires arabes évoquant la participation de mercenaires touareg d’origine algérienne à la répression de la révolte en Libye. «La majorité des touareg sont des Libyens», a‑t‑il dit. «L’Algérie n’interviendra jamais dans les affaires internes d’un autre pays», a ajouté M. Ould Kablia qui a apporté son soutien au peuple libyen. «Nous suivons ce qui se passe en Libye et nous espérons que le peuple libyen sorte vainqueur de cette épreuve», a‑t‑il ajouté. Le ministre a ajouté que les travailleurs de Sonatrach présents en Libye ont été victimes d’agressions et de vols de la part de miliciens armés du régime de Kadhafi. Ces miliciens ont notamment volé des véhicules appartenant à l’entreprise algérienne et des affaires appartenant aux salariés. Ces derniers sont toujours retenus sur place, selon le ministre.

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                      • ALGIERS, February 27, 2011 (Xinhua News Agency) -- Algeria said its state-controlled gas giant Sonatrach has been looted in Libya by mercenaries as the North African nation is being ravaged by violence and protests to oust Libyan leader Muammar Gaddafi, in power for 42 years. Local media quoted the Algerian Interior Minister Dahou Ould Kablia as saying mercenaries have burgled a number of the company' s vehicles and mugged its workers. On Thursday, Energy and Mines Minister Youcef Yousfi asserted the company would not halt its operations in Libya over the unrest. Sonatrach is a partner with Libya's state-run National Oil Corporation in a venture exploring for petroleum in the region of Ghadames, 230 km south of the Libyan capital of Tripoli.

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                          • February 28, 2011:


                            State-owned energy firm Sonatrach is pulling out staff working in Libya's Ghadames region, a company source said. A source at the energy ministry said that by Monday afternoon, all staff had been pulled out of Ghadames, which lies close to the Algerian-Libyan border.

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                            • Hakim Arous :

                              Originally posted by Al-khiyal View Post


                              State-owned energy firm Sonatrach is pulling out staff working in Libya's Ghadames region, a company source said. A source at the energy ministry said that by Monday afternoon, all staff had been pulled out of Ghadames, which lies close to the Algerian-Libyan border.

                              Mardi 1 Mars 2011 -- Sonatrach évacue ses salariés algériens de Libye. C'est ce qu'a affirmé à l'agence Reuters une source auprès de la compagnie nationale des hydrocarbures. «Nous avons décidé pour l'instant de rapatrier ceux qui veulent quitter la Libye», à l'issue d'une réunion de la direction qui s'est tenue dimanche, a déclaré cette source. En Libye, Sonatrach active essentiellement dans la région de Ghadames, située au sud‑ouest du pays à proximité de la frontière algéro‑libyenne. Au ministère de l'Énergie et des mines, une source indique que depuis hier après‑midi, tous les employés de Sonatrach ont quitté Ghadames. Samedi dernier, le ministre de l'Intérieur, Dahou Ould Kablia, avait indiqué que des travailleurs de Sonatrach présents en Libye avaient été victimes d'agressions et de vols de la part de miliciens armés du régime de Kadhafi. La Libye est en proie à des violences depuis la mi‑février. L'opposition a pris le contrôle de la majeure partie du territoire. Seule Tripoli reste aux mains des hommes de Mouammar Kadhafi, au pouvoir depuis 41 ans, mais les combats ont atteint la capitale ces derniers jours.

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                              • MOSCOW, March 1, 2011 (Dow Jones) -- BP PLC's (BP) Russian joint venture TNK-BP Ltd. is still interested in buying the U.K. oil major's assets in Algeria, but doesn't expect a breakthrough in negotiations with the Algerian government any time soon, TNK-BP's Deputy Chief Executive Maxim Barsky said Tuesday. "We are still interested in the asset, but unfortunately we do not expect any breakthrough yet," Barsky said. TNK-BP, half-owned by BP and a group of Soviet-born businessmen, lobbied hard at the end of last year to buy BP's assets in Algeria, which the company is selling as part of a $30 billion asset disposal plan designed to cover the costs of the Gulf of Mexico oil spill. Algeria, however, has blocked a deal, as it wants state energy firm Sonatrach to exercise a right of first refusal over BP's stakes. Meanwhile, talks have stalled altogether due to recent turmoil in the region. "In all the Arab world, there are lots of changes going on. There might be changes in Algeria as well," Barsky said. "If we see the level of nationalism going down, then we'll have a good chance," he said, adding that TNK-BP at a later stage will apply to become the operator of BP's assets in the country. In Algeria, BP has two large natural gas projects, In Salah, which covers seven fields in the southern Sahara desert, and In Amenas. BP also participates in the Rhourde El Baguel oil project, and is exploring for oil in the Bourarhet block next to In Amenas.

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