Oil Companies Plan Evacuations From Libya
February 21st, 2011Update: Reuters: Gaddafi Fled Libya, on Way to Venezuela [???]
A senior source in the Venezuelan government denied on Monday reports that Libyan leader Muammar Gaddafi was traveling to the South American oil-producing nation led by his ally President Hugo Chavez.
The Caracas government “denies such information,” the source told Reuters.
Via: Reuters:
British Foreign Secretary William Hague said on Monday he had seen some information to suggest Libyan President Muammar Gaddafi had fled the country and was on his way to Venezuela.
—End Update—
Via: New York Times:
Global oil companies said Monday that they were making plans to evacuate employees in Libya after some operations there were disrupted by political unrest. Libya holds the largest crude oil reserves in Africa, and the moves drove some stock prices down and a crucial oil benchmark to a three-year high.
