Switzerland and Libya in a pissing contest - Mercedes-Benz Forum

 
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post #1 of 7 (permalink) Old 07-24-2008, 09:44 AM Thread Starter
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Switzerland and Libya in a pissing contest

I wonder who'll 'win' this one?
Libyan Tankers to Stop Carrying Oil to Switzerland (Update1)

By Maher Chmaytelli

July 24 (Bloomberg) -- Libya's state-run oil tanker company said it will stop carrying oil destined for Switzerland following the arrest in Geneva of Libyan leader Muammar Qaddafi's son.

Switzerland will have to find other tankers than those of General National Maritime Transport Co. to help import the 60,000 barrels a day of oil it gets from Libya, company chairman Ali Belhag said in a telephone interview from Tripoli. Qaddafi's son, Hannibal, helps run the company

``Tankers will stop carrying oil that has Switzerland as the final destination,'' he said. ``This decision is from our company, other shipping companies are not affected.''

The holder of Africa's largest oil reserves, Libya is the biggest supplier of crude to Switzerland. The Alpine nation buys 4 percent of the North African state's daily output of 1.7 million barrels, according to the U.S. Energy Department.

Qaddafi's youngest son Hannibal sits as an adviser on the management board of General National Maritime. The company has 10 tankers - five for crude oil, three for oil products and two for liquefied petroleum gas - according to its Web site.

The company demanded an apology from the Swiss government and that a lawsuit against Qaddafi's son and his wife for mistreating hotel employees in Geneva last week is dropped, said Belhag, who spoke as he was taking part in a demonstration against the Swiss embassy in Tripoli. The Libyan port authority will not accept handling Swiss cargo until these demands are met, he said.

No Decision

There has been no decision from National Oil Corp., the company that oversees Libyan oil production and marketing, to halt oil sales to Switzerland, NOC spokesman Ali Saad Salama said in a telephone interview from Tripoli.

Hannibal, 32, and his wife were arrested in a Geneva hotel on July 15 after two employees of the couple filed a complaint accusing them of mistreatment. They were released two days later on bail of 500,000 Swiss francs ($484,000).

A cut in Libyan oil supplies to Switzerland are unlikely, Swiss government spokesman Jean-Marc Courvoisier said yesterday, after Qaddafi's Revolutionary Committees issued a statement today threatening to take ``decisive measures against the Swiss government if it doesn't present quickly its apologies'' to the Libyan leader.

Libya's ownership of Tamoil SA, an oil-refining and distribution company based in the Alpine nation, also means that oil sanctions are unlikely, said Francis Perrin, a senior analyst at the Arab Petroleum Research Center.

Tamoil owns refineries in Germany, Italy and Switzerland and more than 3,000 filling stations in Europe. Libya exported 60,000 barrels a day of oil to Switzerland in 2006, according to the U.S. State Department.

ABB Ltd., the world's largest builder of electricity grids, yesterday said one of its employees is being detained by Libyan authorities and its office in Tripoli has been temporarily closed.

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post #2 of 7 (permalink) Old 07-24-2008, 09:48 AM
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This is not the first time Hannibal assaulted someone. I think he did that in France to a girlfriend of his
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post #3 of 7 (permalink) Old 07-24-2008, 09:49 AM Thread Starter
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This is not the first time Hannibal assaulted someone. I think he did that in France to a girlfriend of his
He's just another thug, just like his dad. He's a load that the camel should have swallowed.

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post #4 of 7 (permalink) Old 07-24-2008, 09:53 AM
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Man you have got to go to Paris in the summer and watch them ragheads shove their wives in hotel and luxury apartments like in a jail then go and have fun with the local bitches. Sometimes les Champs Elysees look like little Riyadh from sundown to sunrise.
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post #5 of 7 (permalink) Old 07-24-2008, 10:03 AM
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Man you have got to go to Paris in the summer and watch them ragheads shove their wives in hotel and luxury apartments like in a jail then go and have fun with the local bitches. Sometimes les Champs Elysees look like little Riyadh from sundown to sunrise.

This year they are going to make a bid to buy it.............
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post #6 of 7 (permalink) Old 07-24-2008, 01:09 PM
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There's got to be a "Hannibal crossing the Alps" joke here, but I'll be damned if I can come up with it.
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post #7 of 7 (permalink) Old 07-24-2008, 02:47 PM
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Qaddafi's birthday present is going to be bit of a disappointment this year...
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