SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (1645)5/9/2000 11:37:00 PM
From: Tomas  Read Replies (1) | Respond to of 2742
 
Libya: Lockerbie Trial Set To Run Out Of Steam. "Embarrasing failure"
The Express on Sunday, May 7

THE Lockerbie trial could be destined to end in an embarrassing and costly failure for those behind the prosecution of the two Libyans on trial in the Netherlands.

The Sunday Express has learned the prosecution case is so shaky that, as one source put it: "The whole thing will go belly up."

One lawyer at Camp Zeist said: "The prosecution's strategy will be to spin out crushingly boring technical evidence for as long as it can - then the trial will collapse one day when the press has long stopped covering it on a daily basis."

Lawyers defending Libyan suspects Abdelbaset Ali Mohmed Al Megrahi and Al Amin Khalifa Fhimah do not have to prove a thing. All they must do is sow sufficient doubt over the prosecution's case.

There are plenty of grey areas for them to work on. On Friday they served notice that they would blame the atrocity on the Syrian-backed Palestinian terrorists who were the original suspects. This week they will accuse CIA agents of interfering with key evidence to protect US government missions.

Lockerbie farmer Jimmy Wilson will testify that he found a suitcase which contained a powdery substance believed to be drugs. He said the evidence was snatched away by one of the American search team drafted into Lockerbie after 270 people were killed in the explosion.

Residents in Lockerbie said shadowy figures with American accents arrived in the dead of night after the explosion. Several conspiracy theories have suggested that the CIA was allowing drugs to be shipped into the US in return for help from Middle Eastern countries in releasing the Beirut hostages.

Experts also say fresh evidence will emerge suggesting intelligence agencies secretly rigged the case against Libya. They will point to the fact that Libya only replaced Syria and Iran as the prime suspect after Iraq's 1990 invasion of Kuwait, when Syrian forces became allies in the fight against Saddam Hussein.

To add to the prosecution's woes, some of their star witnesses have changed their stories. One, Swiss manufacturer Edward Bollier, originally told Scottish investigators that fragments found at the crash came from a consignment of bomb timers sold to the Libyans. Now he says he made the identification from photographs and when finally shown an actual fragment last September he concluded that "these fragments were never part of our electronic equipment".



To: Tomas who wrote (1645)5/11/2000 10:15:00 AM
From: Tomas  Read Replies (1) | Respond to of 2742
 
Shell seeks deal in Libya after nine-year absence

LONDON, May 11 (Reuters) - Oil giant Royal Dutch/Shell confirmed on Thursday it is looking to rekindle its presence in Libya, nearly nine years after pulling out of the country.

Libya's National Oil Company held a one-day meeting on Wednesday attended by around 48 foreign oil companies to outline terms and acreage for an oil and gas exploration licensing round.

``Yes, we had been invited and Shell was represented,'' said a Shell spokeswoman in London. ``We are interested in future oppportunities there.''

Shell left Libya in 1991 after relinquishing acreage in the Ghadames Basin when it failed to make commercial finds on onshore Block NC-153. It operated the tract after buying into an 80 percent stake from Italy's Societa Energie Montedison.

It had earlier drilled a dry hole on Block NC-147 which it relinquished when bought into the Italian firm's tract in 1990.

OPEC member Libya has been making a concerted effort to attract foreign oil firms back into the country after the United Nations suspended sanctions last year following the handover for trial of two Libyan suspects accused of blowing up an airliner over Lockerbie, Scotland.

biz.yahoo.com