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.
quote:
| 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.... |
Links:
http://www.forbes.com/home_europe/newswire/2003/12/22/rtr1189140.html
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