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2011-04-01 Africa North

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Posted by Fred 2011-04-01 00:00|| || Front Page|| [2 views ] Top

#1 What's in it for China? They don't get all that much oil from Libya ~ 150,000 b/d. Libya only produces about 1.7 mb/d out of a daily requirement of 88 mb/d. Most of the Libyan oil goes to OECD countries in Europe. Call me jaded.

Posted by JohnQC 2011-04-01 13:36|| 2011-04-01 13:36|| Front Page Top

#2 What's in it for China? They don't get all that much oil from Libya ~ 150,000 b/d.
There is a world market for oil and which particular country imports oil from which particular other country doesn't matter in the larger scheme of things. After its successful and massive evacuation of Chinese citizens from Libya, the PRC has gotten a little good PR from sounding responsibly diplomatic (unlike the US).

Posted by Anguper Hupomosing9418 2011-04-01 14:10|| 2011-04-01 14:10|| Front Page Top

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