Libya to honor all Gaddafi oil deals: Jehani

Reuters News
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Posted: Aug 24, 2011 4:47 PM
Libya to honor all Gaddafi oil deals: Jehani

DUBAI (Reuters) - A Libyan rebel government would honor all the oil contracts granted during the Muammar Gaddafi era, including those of Chinese companies, Ahmed Jehani, a senior rebel representative for reconstruction told Reuters in an interview.

"The contracts in the oil fields are absolutely sacrosanct," Jehani told Reuters Insider TV on Tuesday night.

"All lawful contracts will be honored whether they are in the oil and gas complex or in the contracting... We have contracts that were negotiated ... they were auctioned openly ... There's no question of revoking any contract."

(Reporting by Mahmoud Habboush)