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The race is on for Libya's oil, with Britain and France both staking a claim
Key Excerpts from Article on Website of The Guardian (One of the UK's leading newspapers)


The Guardian (One of the UK's leading newspapers), September 1, 2011
Posted: September 7th, 2011
http://www.guardian.co.uk/world/2011/sep/01/libya-oil

The starting pistol has been fired on bids by Britain and other western powers to secure a slice of the oil prize in Libya when France said it was "fair and logical" for its companies to benefit. Alain Jupp, the French foreign minister, [told] the Guardian ... that BP was already holding private talks with members of Libya's interim government. Rebel leaders had already made clear that countries active in supporting their insurrection notably Britain and France should expect to be treated favourably once the dust of war had settled. [But] the new Tripoli government has denied the existence of a reported secret deal by which French companies would control more than a third of Libya's oil production in return for Paris's support for the revolution. The letter referring to the reported deal [was published] in the French daily newspaper Libration. It purported to show an undertaking by the National Transitional Council (NTC) to reserve "35% of total crude oil in exchange for the total and permanent support for our council".

Note: The descent of the corporate vultures on the corpse of Libya clearly exposes the profiteering which motivates modern war. For key reports on corporate and government corruption from major media sources, click here and here.


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