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Tuesday, 24 May 2011 - Exclusive: Libya's Ghanem may be on secret government mission |
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    Edition: U.S. Article Comments (0) Full Focus Editor's choice A selection of our top photos from the past 48 hours.   Full Article  Follow Reuters Facebook Twitter RSS YouTube Read Obama visits family roots in Ireland | 23 May 2011 Lauren, Scotty bring country to "American Idol" finale 6:02am EDT UPDATE 1-Pakistan media ridicules military after attack 8:37am EDT Obama to view tornado zone in Missouri on Sunday 8:19am EDT How did six Taliban hold off 100 security forces for 16 hours? 9:18am EDT Discussed 325 Obama and Netanyahu face tense meeting on Mideast 124 As hours tick by, ”Judgment Day” looks a dud 103 Broadcaster silent as Judgment Day hours tick by Watched Plankers get fired for stunt Sun, May 22 2011 Arnold Schwarzenegger's mystery woman identified Thu, May 19 2011 Deadly Missouri tornado captured on video Mon, May 23 2011 Exclusive: Libya's Ghanem may be on secret government mission Tweet Share this By Tom Bergin and Bill Maclean LONDON (Reuters) - Top Libyan oil official Shokri Ghanem has not defected, contrary to widespread reports, and is secretly working for Muammar Gaddafi to maintain ties with big oil companies, sources at western firms... Email Print Related News NATO mounts heaviest strike yet on Gaddafi compound 11:13am EDT France and Britain to use attack helicopters in Libya Mon, May 23 2011 NATO says Libya airstrikes cripple Gaddafi's forces Fri, May 20 2011 Obama says Gaddafi's departure from Libya inevitable Thu, May 19 2011 Analysis: Libya's Gaddafi under pressure but has nowhere to go Thu, May 19 2011 Analysis & Opinion Growing investments in Africa: telecom and oil Libyan clerics in rebel-held east see big role for Islam after Gaddafi Related Topics World » Libya » Shokri Ghanem, chairman of Libya's National Oil Corporation, speaks during a news conference in Tripoli March 9, 2011. Credit: Reuters/Chris Helgren By Tom Bergin and Bill Maclean LONDON | Tue May 24, 2011 11:34am EDT LONDON (Reuters) - Top Libyan oil official Shokri Ghanem has not defected, contrary to widespread reports, and is secretly working for Muammar Gaddafi to maintain ties with big oil companies, sources at western firms said. A Libyan opposition source and a source at a major international oil company said Ghanem, one of the most senior figures in Gaddafi's government, had invited representatives of oil companies to meet him last week in Tunisia, to discuss oil contracts. "There were some invitations or advances but we did not accept," said the source at a western oil company. "He was holding court in some form." A third source, at another western oil company, with operations in Libya, said the reports that Ghanem had deserted were incorrect. "It is completely false that Shokri Ghanem is no longer working for Gaddafi's government," the source said. Ghanem himself could not be contacted to comment. A Libyan official representing Gaddafi's government is attending a meeting of the Organization of the Petroleum Exporting Countries' governing board in Vienna this week, an OPEC delegate said on Tuesday. The official has told other OPEC governors Ghanem will represent Libya at the June 8 OPEC ministers' meeting, the delegate said. OPEC officials had said they did not know who would attend from Libya after reports of Ghanem's defection. Companies have been unable to conduct operations in Libya due to the uprising against the regime and military strikes by western powers, which means they are not in compliance with the obligations in their contracts. Ghanem wanted to reassure the groups that contracts would not be voided because of this, and would be respected in future, the opposition source said. This waiver could allow companies to return quickly to Libya, which is reliant on oil revenues, should Gaddafi re-establish control and have international sanctions lifted. Were the western oil companies to stay away from Libya for a protracted period, the country would struggle to rebuild production, which has been cut to a trickle by the violence. Libya's government said last Thursday that Ghanem had not defected and was instead on an official visit to Tunisia and some European countries to " continue his work." However, Tunisian Foreign Minister Mouldi Kefi said on Monday he believed Ghanem was no longer working for Gaddafi's government and was staying in a hotel on the small southern island of Djerba off Tunisia. Big investors in Libya include Royal Dutch Shell Plc, France's Total, BP Plc, Norway's Statoil and Austria's OMV. Sources at those companies said their representatives had not recently met Ghanem. (Editing by Richard Mably and Anthony Barker) World Libya Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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