See More

Libyan rebels greet oil minister defection

Jun 02 2011 18:26 AFP

Related Articles

SA cuts business ties with Libya

Oil prices close in on $101

US alleges 2008 oil trade fixing

Oil off highs, euro slips

Oil falls as US growth data disappoints

Oil near $102 amid weak dollar


Benghazi - Libya's rebel leadership on Thursday welcomed the defection of former oil minister Shukri Ghanem, a key official in the regime of Muammer Gaddafi.

"The National Transitional Council (NTC) salutes the latest defection from the Gaddafi regime, that of Oil Minister Shukri Ghanem," Abdul Hafiz Ghoga, vice president of the rebel group which holds the east of Libya, said in a statement.

"In recent days and weeks we have witnessed an acceleration in defections from the Kadhafi regime, which has no legitimacy, credibility or future," he added.

Saying that Ghanem's defection was saluted by the whole of Libya, the NTC called on others to follow his example, adding that Libyans should unite with the rebels to finish off the Kadhafi regime.

Ghanem announced in Rome on Wednesday that he had left Libya to join the rebellion and "fight for a democratic state."

He added however that he was not working with the NTC in Benghazi.

Ghanem, the head of the state-run National Oil Corporation (NOC) who has been Libya's representative at the Opec oil cartel for years, said his country was "moving towards a total block on oil production."

"Only very little is being produced for security reasons, because it's not possible to export it, because of the UN embargo and the fact that the foreigners have all left," he said.

The former minister arrived in Tunisia on May 14 then disappeared. Press reports at the time said he had apparently defected, adding to dozens of other political and military figures who have abandoned Kadhafi.

opec  |  libya



Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining

Company Snapshot

We're talking about:


Fin24 has teamed up with Ian Mann, ace business book reviewer and author of the best-selling book “Managing with Intent,” to host the second Best Business Books Breakfast of the year where Ian will show you how to lead and attract.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Facebook as a tool for small business is:

Previous results · Suggest a vote