Libya blames West for oil price hikes

Published September 27th, 2000 - 02:00 GMT

A senior Libyan official on Tuesday accused Western nations of driving up the price of oil by imposing high taxes on consumers as an OPEC summit was expected to convene in Venezuela. 

 

African unity minister Ali Abdel Salam Triki was speaking to a press conference in Jordan where he is on an official visit."OPEC countries sell the barrel of oil at 32 dollars but European consumers end up paying the equivalent of 100 dollars for it because of the high taxes imposed by their countries," Triki said. 

 

"Therefore it is their problem not ours," he said. "We are not seeking revenge from the European consumers but they should not impose their will on producers, particularly since the prices of industrial products sold in the West increase much more than oil prices," he said. 

 

Libya is a member of the Organisation of Petroleum Exporting Countries. 

Libyan leader Moamer Kadhafi earlier this month blamed "brokers and intermediaries" for price instability and accused the oil majors of stirring tension in oil-rich parts of the world. 

 

Kadhafi, who will not be attending the Venezuela summit, needs a high price for oil, his country's main source of revenue, to help shore up the economy. 

 

Triki arrived late Monday in Amman to deliver a message to King Abdullah II from Kadhafi and hold talks with senior officials on ways of bolstering relations between the two countries. 

 

He confirmed during the press conference a visit to Jordan and other Arab countries by Kadhafi but did not give a date.A Jordanian official told AFP last Wednesday that Kadhafi would visit the kingdom October 3, his first visit since 1983. Abdullah has visited Libya twice since he came to the throne last year. 

 

Libyan experts are helping Jordan with a 590-million-dollar project to pump water from the southern part of the country to the parched capital.—AFP. 

©--Agence France Presse. 

 

 

© 2000 Mena Report (www.menareport.com)

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