IOCs face uncertain future


Issue 205 - 18 Mar 2011 | 4 minute read

Colonel Muammar Qadhafi met the ambassadors of Russia, China and India on 13 March, inviting oil companies from their countries to invest in Libya. This a clear threat that companies from countries backing the rebellion will be punished if he regains control. He made a similar proposal to the Russian and Chinese ambassadors in September 2009 after a US State Department official

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