Sunday, June 5, 2011

Libya remains silent about new oil chief

(Reuters) - The government of Muammar Gaddafi said on Friday it had not yet named a new Libyan oil chief to replace the top energy official who defected this week.
Gaddafi's government has said it will name a candidate in time to lead its delegation at a summit of the OPEC oil producing countries in Vienna on June 8-9.
Asked if he could give the name of the new oil chief, government spokesman Moussa Ibrahim told Reuters: "Not yet. When we have a name we will announce it."
Libya's peacetime economy was almost entirely dependent on its exports of about 1.8 million barrels of oil per day, which have ceased as a result of sanctions imposed since a revolt and civil war began in February.
Shokri Ghanem, who ran the Libyan oil industry since 2006 and has also served as a prime minister, became one of the most senior Gaddafi officials to defect, announcing this week in Rome he was resigning because of "unbearable" violence in Libya.

(Reporting by Peter Graff, editing by Anthony Barker)

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