Wednesday, March 30, 2011

Qatar Becomes First Arab Country to Recognize Libyan Rebels

INTERNATIONAL BUSINESS TIMES: The tiny Persian Gulf state of Qatar has become the first Arab nation to recognize the rebels of Libya as representing that country’s legitimate ruling body.

The announcement comes following an oil marketing contract between the Benghazi-based rebels and Qatar.

Reportedly, the Qatar Petroleum company agreed to market crude oil produced from oil fields in eastern Libya, which are now firmly under rebel control.

"We contacted the oil company of Qatar and thankfully they agreed to take all the oil that we wish to export and market this oil for us," said Ali Tarhouni, a rebel official in charge of economic, financial and oil matters, according to media reports.

"Our next shipment will be in less than a week," he said, speaking from the rebel-held city of Benghazi. » | Monday, March 28, 2011