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OMV Fears Destruction of the Libyan Infrastructure

Published: March 22, 2011; 07:30 · (Vindobona)

With the military attack on Libya, the fear that Gaddafi could damage oil production facilities of Western corporations in retaliation increases.

OMV Fears Destruction of the Libyan Infrastructure / Picture: © Flickr

After the heavy attacks of the U.S., Britain and France in Libya, Gaddafi  threatendi with not leaving  Libyan oil not to these countries and their allies. The may announced his intention to replace Western oil companies by Indian, Russian and Chinese ones.

About two percent of the global production volume comes from Libya. Austria's OMV is present in the oil-rich North African…

This article includes a total of 132 words.

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