minute or two now talk of Libya. The first time it happened, on Oil, was in this post that just said:
Italy is Libya's biggest trading partner. Through Greenstream
pipeline, the longest in the Mediterranean (520 km. Mellitah by Gela), launched by Berlusconi and Gaddafi October 7, 2004, arriving from Libya in Italy about 8 billion cubic meters of gas a year.
The pipeline provides a tenth of our demand for natural gas.
The gas is extracted from the Wafa, in the southern desert, in partnership between the ENI 50% (present in the country since 1959) and the Libyan company NOC.
Libya provides 38% of the Italian national demand for oil. And I've said it all.
Says it all today, it seems to me.
The Libyan situation for us is much darker than Egypt. First, the internet penetration is so limited as to prevent the release of information directly and in real time as they were in Cairo. Then, the very presence of Al Jazeera and other television is currently very limited. Finally, the ongoing repression, much more dramatic than the one implemented by the soft but reviled Mubarak, makes everything more difficult. The feeling is that Western countries are still trying to figure out what the heck is it is a revolt by some other-directed, Finally, the arch-enemy to undermine revolutionary Gaddafi taking advantage of the epidemic that affects North Africa? Or is it a spontaneous uprising, but in any case that is configured as an unmissable opportunity to retake the country and especially its rich deposits, and usually someone is planning to rush the post-Qaddafi? Certainly not be excluded.
must also deal with an important element of this anomalous paid or ethnic divisions within the Jamahiria. Cyrenaica, Fezzan, Tripolitania are different regions joined by the nonsense of colonialism, they are taking the opportunity to stir up old grievances.
short, make assessments on the internal situation in Libya is rather difficult. So for the moment we put the red flags, the sun of, and widespread in the media for doing good to dwell on our business.
As noted at the beginning, Libya is not a poor country without resources, and above all helps to keep us warm, to supply electrical power and to walk to our cars. If you were to remain in a state of permanent turmoil could have serious consequences. But if Gaddafi is dropped, whoever will replace him as first put his hands on deposits and will review all existing agreements. Since that is an anti-Gaddafi, whether expression of popular will as a revolutionary alternative expression West, the result is that most bitter cabbage will be: our government is Roseanne with Gaddafi always, we will list some of the first to benefit from the new concessions. There is a kilometer long line waiting for years, and we have spernacchiato for too long. You just have to trust in diplomacy that ENI will have to do somersaults.
Alternatively, it will go and break her back to Libya. Ready to go?
Oil Source blog Debora Billi
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