Continuing on with pipeline wars and the planned embargo on Russia.Did I say embargo? Yes, because that looks to be the US/NATO plan.Embargo Russia until it falls. Sanctions are part of the embargo, but only a part of it. Embargo defined
The partial or complete prohibition of commerce and trade with a particular country.Embargoes are considered strong diplomatic measures imposed in an effort, by the imposing country, to elicit a given national-interest result from the country on which it is imposed.
Will they succeed? Time will tell.Judging by some of the news from recent days, Libya looks to have been a means to an end.Oust a dictator?- never!Save civilians? Absurd!Control the easily accessible oil? And ship it to Europe to cut European dependency on Russian oilDenying Russia important state revenues- It looks like that may just be part of the plan..... Tripoli eyes EU energy market, investment
Libya can achieve an oil production of 1.3-1.4 million barrels per day within a few weeks once the security situation is under control, Libya’s deputy minister of oil and gas told New Europe on 5 May.
He told New Europe that, due to Libya’s proximity to the Mediterranean, “Europe is the first direct market. On the other hand, we have no limitation.
Hopes that production at El Sharara can be resumed, which would significantly increase Libyan oil production, outweighed rising tension in Ukraine, lowering oil prices.
Libyan officials said they planned to reopen late on Monday western oilfields and pipelines that had been blockaded by protesters. The oilfields could raise Libyan output by 500,000 barrels per day.
Increased Libyan oil exports would reduce Europe's exposure to the crisis in Ukraine and could mean diplomats lower the bar for sanctions on Russia, analysts said.
One More! Libya can Loosen Putin's Energy Grip on Europe
As Western powers continue attempts to diminish tensions between Ukraine and Russia, an unlikely player looms to help loosen President Vladimir Putin's grip on the region.
Libya, which the U.S. Energy Information Administration reports has 48.47 billion barrels of proven reserves, soon may resume production at three oil fields that the state-owned National Oil Corporation expects will increase production to 500,000 barrels per day (double the current amount) in the near future.
Oil analysts say such a supply boost by Libya would be bearish for Brent crude oil prices, but some are also pointing out that an unintended side effect is that it would allow the European Union more flexibility to levy harsher sanctions against Russia.
Just thinking out loud................