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Tuesday, September 18, 2012

Libya - Doomed From Day One

People often ask me why the West doesn’t attempt a Libya-style intervention in Syria. After all, things are going so well in Libya. Oil production is up. But oil production is merely a mirage, as is security in Libya, which was doomed from the day one PG (post-Gaddafi) because of the way it was “liberated”.

On Wednesday, US envoy to Libya Christopher Stevens was killed along with three other American diplomats in a rocket attack on the US consulate in Benghazi.

What about the oil, that global elixir? Well, the violence will not bode well for Libya’s production ambitions, coming at a time when the country looked prepared for a boost in output and was banking on this for economic growth.

Security was already dubious at best, and now international oil companies will be more reluctant than ever. Those that are already there—Germany’s Wintershall AG, Italy’s Eni and France’s Total—will be seeking to beef up security and have already started sending some of their workers home.

If the picture was not clear from the onset of the post-Gaddafi atmosphere, it certainly came into focus earlier this summer when protests over parliamentary elections forced the temporary closure of the el-Sider oil terminal, the country’s biggest.

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3 comments:

Anonymous said...

Yeah....keep Assad. That's what the Russians and Chinese want!

Anonymous said...

And nobody saw this coming; and by "Nobody", I mean our fearless leaders who not only participated in, but pretty much spearheaded Ghadaffi's murder.

Empty chair. Needs filling. By someone who has a different foreign ploicy. Who was stepping up to that plate but got shut down by the media?

Anonymous said...

Ghadaffi was murdered. I clearly remember that evil sick vulgar Clinton woman and the equally as gross UN slob Rice laughing when they announced Ghadaffi's death. These woman aren't worthy to lick camel manure off of any Libyans shoe. Vulgar gross worthless human beings they are.