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profitofdoom

Bahrein No Fly Zone

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If Libya deserves one for shooting it's population then why not Bahrein too? Or will Hague's steady touch evade him on this one?

You know the answer to this already. It's extremely easy and obvious.

Bahrain 40000 barrels a day for the next 10 years

Libya from Wiki says

Oil reserves in Libya are the largest in Africa and the ninth largest in the world with 41.5 billion barrels (6.60×10^9 m3) as of 2007. Oil production was 1.8 million barrels per day (290×10^3 m3/d) as of 2006, giving Libya 63 years of reserves at current production rates if no new reserves were to be found. Libya is considered a highly attractive oil area due to its low cost of oil production (as low as $1 per barrel at some fields), and proximity to European markets. Libya would like to increase production from 1.8 Mbbl/d (290×10^3 m3/d) in 2006 to 3 Mbbl/d (480×10^3 m3/d) by 2010–13 but with existing oil fields undergoing a 7–8% decline rate, Libya's challenge is maintaining production at mature fields, while finding and developing new oil fields. Most of Libya remains unexplored as a result of past sanctions and disagreements with foreign oil companies.[1]

Cumulative production through 2009 was 27 Gbbl.[2] Given the stated number, this would be 65% of reserves.

:)

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Hauge's recent trip to Egypt by private jet with an additonal RAF plane cost us £275k. Lord Sugar asked via FOI, good job we don't have a deficit or are short of money.

Strange that the Foreign Secretary and his team should fly to a foreign country to represent the UK, also isn't it advisable to have some kind of armed escort considering the events that have happened in the last couple of months?

Regarding all the islamic nations kicking off, I say leave them alone as it's a no-win situation.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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