Showing posts with label Libya oil. Show all posts
Showing posts with label Libya oil. Show all posts

Saturday, March 5, 2011

Libya oil sales continue

Libya's oil sales contribute significantly to the country's export earnings, making the industry one of president Gaddafi's main financial pressure points.
The international community is trying to pressure the Gaddafi rulership, as the violent crackdown on protests continue.
But the web of international sanctions brought down on the government clearly has some gaps, as companies from China, India and Austria continue to buy Libyan oil - completely legally.
Al Jazeera's Rory Challands reports.
OIL & GAS MARKET