African news explained
Oil giant BP reconsiders further investments in Algeria
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Play - 04:19
Oil giant BP says it is reconsidering further investments in Algeria because of insecurity in the south. BP's CEO, Robert Dudley, says his company had growing concerns about Algeria's security situation after the attack at the In Amenas natural gas facility in January. But Michael Nayebi, Stratfor Senior analyst, believes BP's main goal is to use the security threat to get concessions from the Algerian government.