Inside Libya: how battle for oil has left country close to collapse

Libya will “run out of money” in 18 months despite once being one of Africa’s richest countries, officials have told The Telegraph as internecine fighting grinds its oil and gas industry to a halt.

Mashala Zwai, the oil minister for one of Libya’s two rival governments, warned that the country was becoming “a second Somalia”.

“This is a critical time in a critical situation,” said Mr Zwai, speaking from the Tripoli offices of the National Oil Corporation, which manages Libya’s energy sector. “By next year the state will not be able to pay Libyans’ salaries.”

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  • tom_billesley

    Libya and Somalia. What’s the common factor? Baffling, isn’t it?

    • Raymond Hietapakka

      …a 1,000,000 years of Whitey using the pesky Jooooo to scheme, interfere, and humiliate all those inherently good, honest, decent, peaceful, tolerant muzzle’em countries?

  • Gary

    Wow, after looking at the photo I wonder why Wynne and Gore are obsessed with me getting rid of my old light bulbs and car to safe the Earth. That Carbon Footprint in just one day is bigger than what Al Gore and Suzuki’s 9 Homes produce in one year.

  • Censored_often

    I miss Moammar!!!

    And who can forget the 1989 Barbara Walters interview?

    http://abcnews.go.com/WNT/video/moammar-gadhafi-barbara-walters-interview-14783467

    • Raymond Hietapakka

      He was disposed of, for being too ambitious. Who they can’t buy, they kill. Nice to see the punk “leaders” of the World starting to nail each other, for a change…

  • Raymond Hietapakka

    …I guess they’ll all have to rely on community gardens and everyone will buy fish and small game licences…

  • simus1

    Flat broke muslim terrorists is hardly ever a bad thing.

  • Norman_In_New_York

    Both Libya and Somalia need to be quarantined until they get their act together.