As a result of toppling the Gaddafi’s regime in Libya, Russia has lost various options
External markets for goods and services are an important source of foreign exchange earnings to any national economy. If these markets are rich in natural resources, they become the scene of fierce competition,...
Possible islamisation of Libya impresses the neighbors, worries the West and does not hinder China. Russia has only to watch.
With the final victory over Muammar Gaddafi’s Jamahiriya approaching, friendly rhetoric of the National Transitional Council directed at the western ...
... developing deposits of mineral resources has always been commercial profitability. Subprime cost of oil and gas production as well as the proximity to the European Union, the largest market of supply, rouse interest of the world energy companies to Libya. According to Gazprom, Libya takes the first place in Africa and the fifth among OPEC member-states in terms of proven reserves of light low-sulphur oil (5,1 bln. t). (
http://gazprom.ru/production/projects/deposits/libya
).
Under Muammar Gaddafi ...