Libya: So it was all about oil after all!

Posted on April 13, 2012

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Last year NATO countries bombed Libya, demanding “democracy” in the country. But now

Česky: Vlajka Severoatlantické aliance (NATO)....

it’s clear it was all about oil and it’s not like the Americans and Brits are going to be democratic about it, and share those spoils equally with France and Italy.

So… oil giants Total from France and ENI from Italy are just going to have to wait in the sidelines while the hungry American and British big boys take their juicy oil slices first… ExxonMobil, Chevron, Texaco, BP, Shell…

It’s no surprise then to read in The Wall Street Journal that the US Securities & Exchange Commission (SEC), together with the puppet Libyan “authorities” are launching “investigations” into both companies’ “financial irregularities” in their shady dealings during the forty-two years of Gaddafi’s power.  Now who would have imagined this!  An Italian oil company involved in kick-backs?   Corruption at the highest echelons of the French oil industry?!?   Tsk, tsk!!!  Unheard of…!    The US and UK would never do something like that!!   Just ask Enron, ask Halliburton, ask BP…

Clearly, major oil companies will now be judged on how close or how far they were from the Gaddafi’s, and on how much their respective countries contributed to last year’s war effort.  Perhaps even on how much and how far and wide they shared their huge ill-obtained profits.  It seems that scorecards must now be completed…

It’s worth remembering that at the height of the Libyan fighting last year, the “rebels” found the necessary time, between their “freedom fighting” shifts, to set up a new national oil company.  As Bloomberg reported on 22nd March 2011, “The Transitional National Council released a statement announcing the decision made at a March 19 meeting to establish the “Libyan Oil Company as supervisory authority on oil production and policies in the country, based temporarily in Benghazi, and the appointment of an interim director general” of the company.”

RT

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