I told you before that Ghaddafi has plans. forget the tallk about how he came to his senses after seeing what happened to Hussien. Ghaddafi saw the writing on the wall long ago. Forbes has presented exactly what has Ghaddafi motivated.
|The U.S. Iran-Libya Sanctions Act (ILSA) -- passed in 1996
and renewed for another five years in 2001 -- granted the U.S.
president power to punish non-U.S. firms investing more than $20
million a year in energy sectors in Libya or Iran. The act has
never been implemented. Strongly criticised by European
countries, the European Union has said that any U.S. attempt to
penalize Europeans doing business in Libya would prompt a
complaint to the World Trade Organisation.
... Spain's Repsol-YPF
170,000 bpd and the NC-186 field A with 40,000 bpd. Its NC-186
field D is ready to start next year and it signed a major new
six-block exploration contract in the Murzuk Basin, worth
investment of about $90 million until 2009.
Italy's ENI (Agip)
field which is due to start in 2004 and reach 150,000 bpd by
2006. It also operates the Wafa field....