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Jesus Malverde

(10,274 posts)
Tue Sep 3, 2013, 07:47 PM Sep 2013

Special report: We all thought Libya had moved on – it has, but into lawlessness and ruin

A little under two years ago, Philip Hammond, the Defence Secretary, urged British businessmen to begin “packing their suitcases” and to fly to Libya to share in the reconstruction of the country and exploit an anticipated boom in natural resources.

Yet now Libya has almost entirely stopped producing oil as the government loses control of much of the country to militia fighters.

Mutinying security men have taken over oil ports on the Mediterranean and are seeking to sell crude oil on the black market. Ali Zeidan, Libya’s Prime Minister, has threatened to “bomb from the air and the sea” any oil tanker trying to pick up the illicit oil from the oil terminal guards, who are mostly former rebels who overthrew Muammar Gaddafi and have been on strike over low pay and alleged government corruption since July.

As world attention focused on the coup in Egypt and the poison gas attack in Syria over the past two months, Libya has plunged unnoticed into its worst political and economic crisis since the defeat of Gaddafi two years ago. Government authority is disintegrating in all parts of the country putting in doubt claims by American, British and French politicians that Nato’s military action in Libya in 2011 was an outstanding example of a successful foreign military intervention which should be repeated in Syria.

In an escalating crisis little regarded hitherto outside the oil markets, output of Libya’s prized high-quality crude oil has plunged from 1.4 million barrels a day earlier this year to just 160,000 barrels a day now. Despite threats to use military force to retake the oil ports, the government in Tripoli has been unable to move effectively against striking guards and mutinous military units that are linked to secessionist forces in the east of the country.

http://www.independent.co.uk/news/world/africa/special-report-we-all-thought-libya-had-moved-on--it-has-but-into-lawlessness-and-ruin-8797041.html

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Special report: We all thought Libya had moved on – it has, but into lawlessness and ruin (Original Post) Jesus Malverde Sep 2013 OP
Bump..nt Jesus Malverde Sep 2013 #1
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