Libya to Bomb Ships Carrying Stolen Crude Oil

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Ali Zeidan, Libyan Prime Minister has accused striking guards of trying to make shipments for their own profit and threatened to bomb any unauthorized vessel that docks.

“A group of guards at oil terminals in the central region has decided to bring vessels they have organised themselves to export oil for their own profit,” Zeidan charged.

“Any vessel not under contract to the National Oil Company (NOC) that approaches the terminals will be bombed from the air and the sea,” he said, adding he had the backing of the General National Congress, the highest political body in Libya, for the warning.

Petroleum Minister Abdelbari al-Aroussi said the action by the guards had cost Libya $1.6 billion dollars in lost export revenues since July 25, in a major blow for the North African nation which is almost entirely dependent on oil and gas for its foreign exchange earnings.

In July , Libyan security guards had embarked on strike seizing all export terminals. The striking guards are accusing Zeidan and Aroussi of awarding export contracts outside longstanding NOC procedures.
 
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