Tripoli cut ties Payne oil.

Tripoli punished by Eni for the withdrawal of their crews from Libya and its relationship to revolutionaries .

Prime Minister announced in the Qaddafi regime Baghdadi Mahmoudi today cut his country's relations company Eni, the Italian oil, which is the largest oil company in Libya and has been operating since the year 1950, and justified Mahmoudi move to suspend Eni activities in Libya, and the establishment of relations with the rebels to overthrow Colonel Gaddafi.
He said in a press conference that the Tripoli government is negotiating with Russian companies, Chinese and U.S. to launch new projects in Libya, without revealing the details in this regard.
A senior official at the Gaddafi regime, told Reuters earlier this month that talks were underway with Russian and Chinese firms to take over the project company Eni, which withdrew its staff in Libya and has investments of about $ 30 billion, extending its contracts in Libya to the year 2042 for oil, 2047 for natural gas.

On the reason for negotiating with American companies, said al-Baghdadi The management and Washington is not directly involved in operations NATO Bombed sites in Libya, and added that his government decided to In its meeting with the leaders and oil experts in the National Oil Corporation to reconsider its policy in the oil according to the positions of States that participate in NATO missions.

Low stock:

While the spokesman refused to Eni to comment on the step by the Libyan regime, the lower the company's share by 1% this afternoon, but the analyst who requested anonymity said that the step mentioned nothing to do with the performance of shares Eni, because the supply of Libyan oil and gas stalled since February last year.
Previously, Eni - which reached its oil production in Libya last year, 270 thousand barrels per day - that I talked about months before production decline for the first quarter of 2011 by 9% because of unrest in Libya.
On a related issue, the Chairman of the NATO mission in Libya Canadian General Charles started the day that Gaddafi ordered the security battalions bombing oil refineries and other facilities if they were forced to withdraw from their positions.