Biggest Libya producer says no more oil until war ends, fears attack

[Temporal]

BENGHAZI, Libya — Libya's biggest oil company will not resume production until the war ends, and that probably holds good for producers across the country, the firm's information director told The Associated Press on Sunday.

Abdeljalil Mohamed Mayuf said that the Arab Gulf Oil Co., responsible for more than a quarter of Libya's former production of 1.6 million barrels a day, stopped pumping for fear of further attacks by the forces of embattled leader Moammar Gadhafi.

"Everything depends on security. We can produce tomorrow but our fields would be attacked," Mayuf said in an interview. "We cannot put an army around each field. We are not a military company and the forces of Gadhafi are everywhere."

He said they were within 40 kilometres of the southeast fields at Messla and Sarir.

"We cannot say when we will restart because it depends on this military operation and when Gadhafi leaves."

The excrement is about to hit the proverbial oscillator.

 

[Goshin]

Ouch. This is Not Good.


Maybe we ought to move Operation Find Mohamar A New Job into high gear.

 

[Councilman]

Where is SEAL team we need them?

 

[xpiher]

If the reports are to be believed, the only thing the rebels need is money to topple the regime. I wonder if anyone has considered paying the mercenaries to switch sides or simply leave?