Godlike Productions - Conspiracy Forum
Users Online Now: 1,594 (Who's On?)Visitors Today: 136,111
Pageviews Today: 197,480Threads Today: 54Posts Today: 941
02:01 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

LIBYAN REBELS ALREADY SELLING OIL TO THE US

 
Semantics
Offer Upgrade

User ID: 1400914
United States
06/09/2011 12:05 AM
Report Abusive Post
Report Copyright Violation
LIBYAN REBELS ALREADY SELLING OIL TO THE US
[link to edition.cnn.com]

working fast!


Libyan rebel group sells first oil to U.S.


By Jamie Crawford, CNN National Security Producer

June 9, 2011 -- Updated 0044 GMT (0844 HKT)






A charred car sits near an oil terminal in the section of eastern Libya now held by the Transitional National Council.



STORY HIGHLIGHTS
Tesoro, a U.S. refiner, entered into a deal May 25 with the Transitional National Council
Deal is for 1.2 million barrels of Libyan crude oil, the State Department says
Secretary of State Hillary Clinton arrives in UAE for Libya Contact Group meeting




RELATED TOPICS
Libya
Oil Production and Refining

Washington (CNN) -- The rebel government in control of the eastern part of Libya has made its first sale of oil from territory it controls, the State Department confirmed Wednesday.

Tesoro, a U.S. oil refiner, entered into a deal May 25 with the Transitional National Council based in Benghazi, Libya for 1.2 million barrels of Libyan crude oil, the State Department said in a written statement. The shipment was scheduled to arrive aboard the MT Equator, a Liberian-flagged tanker, at the Single Point Mooring in Hawaii on Wednesday. The dollar value of the deal is not known.

U.S. support for additional oil sales with the TNC will continue as a means to support additional revenue streams for the Libyan people, the statement said.

The sale was made possible following an April announcement by the Office of Foreign Assets Control at the Treasury Department that established a new licensing policy with Libya. That action was taken to ease barriers to certain oil related transactions with the TNC, in place because of wider U.S. sanctions on Libya.

The announcement came the same day Secretary of State Hillary Clinton arrived in the United Arab Emirates for a meeting with the Libya Contact Group, a coalition of various countries and international organizations that seek to build support for the TNC while preparing for Libya's future after the presumed end of Moammar Gadhafi's regime. This is the third meeting of the group.

France, Italy and Qatar are among the small number of countries who have officially recognized the TNC as the legitimate government of Libya. While the United States has yet to take that step, President Barack Obama "has invited them to open an office in Washington," a senior administration official told reporters traveling with Clinton.

"We are still considering it but there's no final decision as of right now," the official said of U.S. efforts to offer formal recognition to the TNC.

Jeffrey Feltman, Assistant Secretary of State for Near Eastern Affairs, traveled to Benghazi last month for two days.

News