06/29/2011

War against Libya: Pipeline Chechnya-Israel

Some weeks ago the Libyan NATO-rebels said that they will recognise Israel and that “the future regime will maintain normal relations with other democratic countries, including Israel.”

Photo: Pipeline Chechnya-Israel

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"Operation Libya" and the Battle for Oil: Redrawing the Map of Africa

Global Research, March 9, 2011
by Prof Michel Chossudovsky

The geopolitical and economic implications of a US-NATO led military intervention directed against Libya are far-reaching.

Libya is among the World's largest oil economies with approximately 3.5% of global oil reserves, more than twice those of the US.

"Operation Libya" is part of the broader military agenda in the Middle East and Central Asia which consists in gaining control and corporate ownership over more than sixty percent of the world's reserves of oil and natural gas, including oil and gas pipeline routes.

"Muslim countries including Saudi Arabia, Iraq, Iran, Kuwait, the United Arab Emirates, Qatar, Yemen, Libya, Egypt, Nigeria, Algeria, Kazakhstan, Azerbaijan, Malaysia, Indonesia, Brunei, possess between 66.2 and 75.9 percent of total oil reserves, depending on the source and methodology of the estimate." (See Michel Chossudovsky, The "Demonization" of Muslims and the Battle for Oil, Global Research, January 4, 2007) .

With 46.5 billion barrels of proven reserves, (10 times those of Egypt), Libya is the largest oil economy in the African continent followed by Nigeria and Algeria (Oil and Gas Journal). In contrast, US proven oil reserves are of the order of 20.6 billion barrels (December 2008) according to the Energy Information Administration. U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves)
http://www.globalresearch.ca/index.php?context=va&aid=23605

Posted by: Morkhoven | 06/29/2011

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