Monday 22 August 2011

PRIORITIES--BUSINES IS BUSINESS.



       Before the guns have fallen silent the West is showing its true priorities. The following report from Reuters tells you the way the West thinks. the oil giants are already on the private jets to take control of Libya's resources. This is what the blood shed was all about, what happens to the people is of little interest to the Western powers, they can rot in hell as far as the Western corporate world is concerned. Business is business!!!


MILAN (Reuters) - Libya's leading foreign oil producer, Eni of Italy led the charge back into Libya on Monday as rebels swept into the Libyan capital Tripoli hailing the end of Muammar Gaddafi's rule.
Gaddafi's fall will reopen the doors to Africa's largest oil reserves with new players such as Qatar's national oil company and trading house Vitol set to compete with established European and U.S. companies.
Shares in European companies Italy's Eni, Austria's OMV and France's Total rose by 3-5 percent despite a $2 fall in the price of oil on hopes the firms would be able to quickly re-establish output from Libya.
Italy's Foreign Minister Franco Frattini said staff from Eni had arrived to look into a restart of oil facilities in the east of the country even as fighting between government troops and the rebels continued in Tripoli in the west.
"The facilities had been made by Italians, by (oil field services group) Saipem, and therefore it is clear that Eni will play a No. 1 role in the future," Frattini told state

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