18 Jun '11, 4pm

West is failing Libya rebels: oil chief: #Benghazi, Libya (Reuters) - Libya's rebel oil chief accused the West on...

BENGHAZI, Libya (Reuters) - Libya's rebel oil chief accused the West on Saturday of failing to keep up its promises to deliver urgent financial aid, saying his authority had now run out of cash completely after months of fighting. Libya's economy relies on oil exports and the rebels have struggled to make ends meet as damage to energy infrastructure caused by the civil war has brought production to a halt in what used to be a major OPEC oil producer in North Africa. Western powers are helping the rebels with daily air strikes against forces loyal to Libyan leader Muammar Gaddafi, and have promised to expand aid backed by Libyan assets frozen abroad. Speaking to Reuters in a rare interview in the eastern rebel stronghold of Benghazi, oil and finance minister Ali Tarhouni said the cash had yet to arrive four months into the war. "We don't have any (cash). We are running out ...

Full article: http://sg.news.yahoo.com/libya-rebel-oil-chief-says-west-...

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