Thursday, August 25, 2011

The rape of Libya has begun - European Firms Hoping for Big Business in Libya

An oil pipeline belonging to BASF subsidiary Wintershall in Libya: The company hopes the new rebel government will honor existing contracts.

By Maria Marquart and Katharina Pauli

Berlin may have stayed out of the fight for Libya, but German companies hope to profit from its reconstruction. Several economic leaders have already visited the war-torn country to investigate business opportunities. But competition is fierce.
Article posted here

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