EU's Oettinger: Libyan oil fields no longer under Gaddafi's control
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The exports of oil and gas from Libya...
...for the European market are not inconsiderable.
But they are also not so large.
Libyan gas towards the EU... less than 3% of the total gas market.
Oil from Libya to the EU... barely 10 percent...
At this time, since a few days, we are observing that...
...the production stopped - experts are missing...
But since this morning we hear that oil and gas production is being taken up again.
So then why not an oil embargo as sanction?
We have reason to believe...
...that the majority of the working oil and gas fields...
...no longer are under the control of Gadaffi.
But the ownership is now with regional tribes...
...families, or regional tentative leaderships...
...who have taken over the power from Gadaffi.
It would be a wrong sign if we were to...
...punish the wrong parties.
...by imposing an import stop, without a concrete regional consideration....
We would punish those that are on the right track.
