British Petroleum will not leave Algeria, says representative

British Petroleum (BP) will not send its assets in Algeria, Algeria news agency (APS) reported Thursday citing BP’s spokesman David Nicholas.

• It was out of the question for BP to leave Algeria. We will stay in Algeria and we will not give up our assets, David Nicholas said in response to news report saying BP will sell its assets.
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• BP’s representative described those reports as “pure speculation,” adding that it was out of the question “for us to leave Algeria. We are aware of our oil and gas potential assets in Algeria and we decided to stay.”
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• BP has $3 billion assets. Its production in Algeria is estimated at 17,000 barrels per day.