‘The West is to be forgotten. We will not give them our oil’ - Gaddafi

RT Russia

Published: 16 March, 2011, 20:42

Muammar Gaddafi (AFP Photo / Mahmud Turkia)

TRENDS: Arab world protests

TAGS: Oil, Conflict, Russia, India, China, Opposition, Libya

Libyan leader Muammar Gaddafi dismissed his Western partners, saying he will give all the country’s oil contracts to Russia, China and India.
­"Our oil contracts are going to Russian, Chinese and Indian firms,” Gaddafi told the German TV channel RTL. He condemned the Western powers, saying Germany was the only country with a chance of doing business with Libyan oil in the future. “We do not trust their firms – they took part in the conspiracy against us."

The Libyan leader also added that as far as he is concerned, the Arab League has ceased to exist since it stood up against his country.

According to Gaddafi, the recent upheavals in his country were a "minor event" planned by Al Qaeda that will soon end.

Meanwile, Libyan Deputy Foreign Minister Khaled Kaim promised that Libya will honor all current oil contracts with Western oil companies, but that the ongoing crisis in the country could affect future cooperation. Due to the ongoing violence, foreign oil companies have stopped production in Libya and evacuated their personnel from the country.

Speaking about France – the only country to recognize the rebel Libyan National Council as the country’s legitimate government and to call for targeted airstrikes – Gaddafi said “his good friend" French President Nicolas Sarkozy has "gone mad and is suffering from a mental disorder.”