Libya's biggest petroleum company will not produce oil until the war ends, a company spokesman says.
Information director Abdeljalil Mohamed Mayuf of Arab Gulf Oil Company said the company stopped production for fear of further attacks by ruler Moammar Gadhafi's forces.
The decision came after rocket attacks April 4 badly damaged a pumping station and production facilities at southeast Messla. A pumping station on the pipeline to Tobruk port also came under attack.
"We cannot put an army around each field,” Mayuf said in an interview Sunday.
Resuming production "depends on this military operation and when Gadhafi leaves.”
The three-month revolt against Gadhafi has caused oil prices to soar.
You may want to fill up the vehicle!
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http://www.cbc.ca/news/world/story/2011/05/15/libya-oil-prod...
Libya's biggest petroleum company will not produce oil until the war ends, a company spokesman says.
Information director Abdeljalil Mohamed Mayuf of Arab Gulf Oil Company said the company stopped production for fear of further attacks by ruler Moammar Gadhafi's forces.
The decision came after rocket attacks April 4 badly damaged a pumping station and production facilities at southeast Messla. A pumping station on the pipeline to Tobruk port also came under attack.
"We cannot put an army around each field,” Mayuf said in an interview Sunday.
Resuming production "depends on this military operation and when Gadhafi leaves.”
The three-month revolt against Gadhafi has caused oil prices to soar.
nüvi 3790T | Those who make peaceful revolution impossible, will make violent revolution inevitable ~ JFK