Monday, August 22, 2011

After Gaddafi, What Is Next For Libya's Oil Industry

A truck carrying rebel fighters driving toward the oil refinery in Zawiyah, Libya, last week. Bob Strong/Reuters

The Scramble For Access To Libya’s Oil Wealth Begins -- New York Times

Even before Libyan rebels could take full control of Tripoli, Foreign Minister Franco Frattini of Italy said on state television Monday that the Italian oil company Eni “will have a No. 1 role in the future” in the North African country.

Mr. Frattini even reported that Eni technicians were already on their way to eastern Libya to restart production. But Eni quickly denied that it had sent any personnel to the still-unsettled region, which is Italy’s largest source of imported oil.

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More News On Libya's Oil Industry

Libyan oil could take years to come back -- CNN
Restoring Libyan oil output could take years -- MSNBC
Full Libyan oil output could be years away -- Financial Times
Libya Oil Production Seen Staying Off Line -- Wall Street Journal
ENI leads Libya oil race as Gaddafi nears end -- Reuters
Oil Firms Prepare To Resume Libyan Oil,But Recovery To Take Time -- Nasdaq
In new Libya, oil will stay king -- Jerusalem Post

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