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Saturday, March 19, 2011

For Oil Blocks, NFZ, Democracy & Chaos !!

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Thousands of expatriates fled from Libya via air, water or land however possible, some leaving behind their life time of savings, some them could not make it and lost their lives in a foreign land for no fault of theirs, quiet unfortunate !!

Just heard the strategically timed press conference of Libyan Oil minister today afternoon (held within 24 hours of United Nations Security Council implementing the No Fly Zone ( NFZ) over Libya). The Libyan Oil minister in the press conference requests international experts and oil companies, operators etc to come back to work !

Libyan government (in power, i.e Gaddafi's regime) criticizes the NFZ stating that UNSC is not authorized to intervene in the internal matters of a country !

Mummar Gaddafi isn't going to give up anytime soon (defined as next few days !!).

The Libyan oil production has fallen from 1.6 million bpd to around 400k bpd, as confirmed by the minister himself !!

Germany, Russia, China, India and Brazil votes against enforcing NFZ on Libya !!

Libyan Oil minister invited ( 2 times during his 5 minutes speech) companies from China, Russia and India to come o Libya as they will be awarded the Oil blocks without any tendering/ bidding process in a very short duration ! Anybody interested, I bet many ! What about democracy ? When it comes to oil, money doesn't matter, right.

Rebellions in Libya seems to be happy about enforcing the NFZ over Libya while Germany, India, China are worried about the details of how it will be enforced and how can the forces ensure no damages to civilian life and properties. An irony or the need of the hour !!

What happens if Gaddafi sill remains in power for many more years to come, who might benefit the most leaving aside his regime ? On contrary what happens if he looses asap, who might be at loss leaving aside his regime ?

Most importantly what happens ( to the Arab world, to the civil wars in Middle East, to the arms contractors, to the current powerhouses of the world, to the seemingly impossible to collapse multi billion perhaps trillion dollars worth global oil giants, to Yen to USD and to the world's socio-politico-economico environment ) IF someone invents a new way to generate electricity from a renewable, abundant source !!!

So is it about democracy, oil, politics? Though its hard to predict when and comprehend how but I am sure that all of this oil power and politics will go in vain one fine morning, when some scientist, engineer, innovator sitting in a lab in Sweeden or perhaps India will discover an alternate fuel, which is cheap, easy to produce and environment friendly. I hope the world will be much safer, more peaceful and prosperous as well.

But as I said before its not possible to predict the next pattern of chaos and till then everybody will hold on to this current pattern as if it will last forever. Perhaps thats how its meant to be, one at a time !!

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