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Salzburger Nachrichten - Austria | Thursday, September 15, 2011

Libya's oil menaces reconstruction

British Prime Minister David Cameron and French President Nicolas Sarkozy met up with the Libyan National Transition Council in Tripoli on Thursday. One of the main reasons for their trip was energy policy, writes the Christian-conservative daily Salzburger Nachrichten, and warns of the threat natural resources pose to the future stability of the country: "Because in Libya it's not just about democracy, peace and freedom. The role of the vast oil and gas reserves, the extraction of which came to a halt during the war against Gaddafi, is at least just as crucial. Solar energy too, will play a key role in the Sahara. This affects Europe in particular, which is dependent on the supply of raw materials from the desert. The EU was the main buyer of Libyan crude oil up to now and it wants to regain that status as quickly as possible. But the vying for the oil in Libya also entails new risks. It is becoming increasingly clear that in the battle for power and a lot of money, the opposition is divided."

» To the complete press review of Friday, September 16, 2011

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