BUZZ-APR Energy: Stung by higher than expected demobilization costs

** APR Energy (Other OTC: APRYF - news) down c.8.6 pct after co says rising security expenses expected to result in higher than anticipated Libya demobilization costs

** APR, which rents out 25-megawatt turbines and generators, says it has put aside additional provisions, related primarily to outstanding payments for its ongoing project in Angola

** Libya was APR's largest contract to date & co forced to terminate deal after government delayed ratification

** Co last yr suspended electricity generation in Libya and said its results could be hurt, a warning that wiped out more than a fifth of its market value

** Analysts say huge fall since last Nov, has left only staunch supporters and management as shareholders

** Just 8,659 shares changed hands in first 30 mins of trade

** Co hit by warnings, exit from risk geographies like Libya and Yemen and subdued markets due to commodity slump

** Larger rival Aggreko (LSE: AGK.L - news) earlier this month warned of challenging 2016, citing weaker oil and gas markets and geopolitical uncertainty (Reuters Messaging: noor.hussain.thomsonreuters.com@reuters.net; Reuters Messaging: esha.vaish.thomsonreuters.com@reuters.net)