US says Libyan rebels may sell oil

[Catherina]

US says Libyan rebels may sell oil
Published 10:07 PM, 28 Mar 2011 Last update 6:56 AM, 29 Mar 2011

Reuters

WASHINGTON - The United States gave a green light to sales of Libyan crude oil from rebel-held territory, giving a potential boost to forces battling Muammar Gaddafi.

A US Treasury Department official said that since Libyan rebels are not subject to sanctions against Gaddafi, they can sell oil under their control after retaking a number of oil fields and terminals in eastern Libya over the weekend.

"The rebels are not part of the government of Libya. They are not subject to the sanctions," the official said.

...

Ali Tarhouni, who is in charge of economic, financial and oil matters for the Libyan rebels, said output from the east Libya oil fields under rebel control was running at about 100,000 to 130,000 barrels per day. Prior to the political unrest, Libya was producing about 1.6 million barrels per day, or almost two per cent of world output.

...

http://www.businessspectator.com.au/bs.nsf/Article/FACTBOX-Libya-oil-production-outage-exports-custom-FDEVT?OpenDocument&src=hp10

[The Magistrate]

1. Good, Ma'am

"War requires funds, you know. No one gives ammunition or food to poor volunteers."

[Name removed]

13. Deleted message

Message removed by moderator. Click here to review the message board rules.

[The Magistrate]

14. You Cite 'PrisonPlanet', Sir? And Expect Anyone To Treat You As a Serious Commentator?

"The mind wobbles...."

[conspirator]

2. What a racket. Want free oil? Just arm some insurgents. They will give you the oil

in exchange for a steady supply of weapons and ammo.
This would make al capone look like an amateur.

[razorman]

3. Of course they will sell oil.

They need money, and Libya doesn't have anything else the world needs.

[dipsydoodle]

4. Most of their oil goes to Europe

where the refineries are set up for their high grade stuff. EU refineries can't cope the high sulphur shit from Saudi.

From February : http://earlywarn.blogspot.com/2011/02/why-cant-saudi-crude-replace-libyan.html

[tiny elvis]

7. which is, along with proximity, why italy and france broached humanitarian bombing

and why the usa, after being a good nato ally, is handing over operations in libya to europe

[ProdigalJunkMail]

21. ahhh...what a wonderful phrase : "humanitarian bombing"...

just makes me warm all over...oh, wait, nevermind. i just pissed myself laughing so hard!

sP

[GSLevel9]

5. translation... AlQaeda finds new funding in Oil Sales. nt

[dipsydoodle]

19. I thought sanctions were in place

and sanctions are sanctions same as arms embargos are arms embargos.

[Lucinda]

6. They need US approval? n/t

[bvar22]

9. Thats the REALLY scary part.

*

[KurtNYC]

17. and they can use the money to buy more weapons from us

Yahtzee!

[joshcryer]

18. Yes, Libya is under sanctions of the US, and anyone who deals with Libya...

...must deal with those sanctions (they're not just "oh Libya can't buy or sell from us," they're more like "Libya can't buy and sell with anyone who does business with us at all").

[Freddie Stubbs]

27. No, but US companies need approval to buy the oil, as Libya is subject to an economic embargo

[deaniac21]

8. Snake oil?

[Siouxmealso]

10. What's going to happen

when we find out these insurgents are really Al Qaida?

[applegrove]

11. Sounds like a plan. Less money for Gadhafi to hire mercenaries.

[PhillySane]

12. Shit, have you seen the price of oil lately?

If I was a speculator, I'd arm up some rebels for sure.

[gkhouston]

15. That didn't take long. n/t

[MadHound]

16. So it's one, two, three, four, what are we fighting for?

Oh, yeah, the answer is right here, oil, and a compliant client state willing to sell it to us at favorable prices.

[sabrina 1]

20. Libyans have to get permission from the U.S. to sell oil?

And we know that Ali Tarhouni has lived in the U.S. for the past 20 years or more. He just went back to Libya, says he has always been in touch with the Qaddafi opposition. And someone who has not been there for 20 years, goes to meet the rebels and is immediately put in charge of their oil and finances. I wonder who he met HERE before he went there??

So, some of what we have heard appears to be right. That there was a longtime plot to rise up against Qaddafi. And that this may not have been the spontaneous revolt we were led to believe.

[joshcryer]

22. The families of the dead on Feb 17 would disagree that it "may not have been a spontaneous revolt."

[sabrina 1]

26. The sad thing is that for those who are legitimate and were

spontaneous, they may end up getting what they least wanted, another Iraq. And that would only compound the tragedy of those who gave up their lives.

[Catherina]

25. And the kind-hearted colonists conveniently, methodically bombed their path to those oil wells

Poor, untrained, harmless, civilian rebels suddenly moving forward to capture heavily-defended towns supported by overwhelming "air only" bombing, and now selling oil? In the middle of a death struggle the rebels had time to set up a central bank? Overnight? Red hot bridges for sale!

Notice how rapidly the central bank structure for this cash flow was put in place. This is so wrong, on so many levels. The oil still belongs to a still sovereign nation. http://www.bloomberg.com/news/2011-03-21/libyan-rebel-council-sets-up-oil-company-to-replace-qaddafi-s.html">This one's for the Guinness Book of Records. What we have here is a major oil and money play, with the rebels being used as puppets and cover, as the oil/money transfer takes place.

How convenient that the US Treasury had the foresight to put this into place

3/22/2011
Treasury will continue monitoring the National Oil Corporation’s operations in Libya. Should National Oil Corporation subsidiaries or facilities come under different ownership and control, Treasury may consider authorizing dealings with such entities.

http://www.treasury.gov/press-center/press-releases/Pages/tg1114.aspx

Nothing was planned in advance. Just a group of spontaneous ragtag rebels with keen financial foresight. That's all. Nothing to see here folks, move along. It's strictly a humanitarian effort.

Red hot bridges! Get em right here!. Red hot bridges for sale!

And all this while the European media is busily uncovering the suspect role French Intelligence played in getting this spontaneous *revolution* going.

...

November 18, 2010

A French ‘commercial’ delegation leaves for Benghazi. In the delegation there are officials from the Ministry of Agriculture and representitives from Cam Cereals, France Export Cereals, Cargill, Glencore, France Agrimer, Soufflet, Louis Dreyfous, and Comagra. Among the delegation, posing as government officials, there are French secret service agents and military staff. Their ‘business’ was meeting army officers indicated by Mesmari who will be ready to defect from the Libyan army.

While in Benghazi, contact is made with Libyan air defence colonel, Abdallah Gehani, who was indicated by Nouri Mesmari as an army officer who is ready to collaborate to topple Muammar Gaddafi. Gehani had good contacts in Tunisia too.

...

December 23, 2010

A delegation of Libyans arrives in Paris for meetings with Mesrami and other French officials. The Libyans are Ali Ounes Mansouri, Farj Charrant and Fathi Boukhris. These three men will be known later together with Ali Hajj as leaders of the revolution, that started from Benghazi.

The Libyan delegation together with Mesrami and French military and secret service personnel dined at an elegant French restaurant at the Champs Elisée.

...

http://www.maltastar.com/pages/r1/ms10dart.asp?a=14727

Red hot bridges! Two for one today!

[sabrina 1]

29. Wow! As far back as November!

Excellent post, should be an OP. As you say, sadly it looks like the rebels were used.

I wonder what Qaddafi did to annoy the French? He was their BFF for a long time.

A lot we do not know about all of this apparently.

[bvar22]

23. "All your oil are belong to us!!"

<the alien invaders>

[blindpig]

24. "War is a racket." n/t

[KamaAina]

28. The rebel stronghold of Benghazi has recently become a construction hot spot

a lot of the action shifted over there from bankrupt Dubai.

Guess somebody had a heads-up. :tinfoilhat:

[sabrina 1]

30. Are Halliburton and Bechtel ther yet? I know they are in the

country. And now, look at all the new construction there will be after all this bombing? It's a great racket, war.