A new crisis? A responsible
Monday, February 21, 2011.
Monday, February 21, 2011
Are we heading towards a crisis similar to 1973? 
Chaos in Libya: the price of crude climbs On February 21, 2011 by Ana LutzkyIndeed this is precisely the market of products from catalytic rafinage oil is plaintiff.
violence in Libya extend their shock the oil markets. Markets financial and political scene are also shaken.
While BP, Statoil, Finmeccanican, Eni and Schneider Electric are evacuating their nationals, inflates the price of a barrel. Tripoli is the twelfth largest exporter of crude. Libya produces 1.58 million barrels of oil per day (bpd), which represents just over 5% of the daily production of OPEC, which itself provides about 40% of world production. This morning, the price of a barrel of U.S. crude oil WTI has rebounded more than 1.5% to U.S. $ 87.40 (the March futures contract) in Asian markets, while Brent North Sea is close the $ 105 a barrel. Among oil majors and elsewhere, the ads have succeeded in repatriating Daybook. In turn, Wintershall, the oil industry chemical group BASF, announced Monday it was preparing to gradually stop its oil production in Libya. She now removes its international staff. Austria and Portugal have each sent a military plane to pick up on the Europeans, like Russia for its nationals.
situation social and political deteriorated. This afternoon, the Libyan Minister of Justice, Mustafa Mohamed Aboud Al Djeleil, resigned in protest against "excessive use of violence against demonstrators," the newspaper reported Monday Libyan Kourin on its website.
several Libyan cities, including Benghazi and Sirte, fallen into the hands of demonstrators after the defections in the army, said Monday the International Federation of Human Rights. She suggested a review 300 to 400 dead since the start of the uprising.
Hardening the situation in Libya is also the Milan Stock Exchange tumbled more than 3%. In fact, economic ties between Tripoli and Rome are very close.
the side of the hexagonal presence, there are currently 750 French scattered on Libyan territory. EDF, Areva, Alstom, Vinci, Veolia, Total, Alcatel, Thales and Schneider have units on site. On 17 February, Muammar Gaddafi had not hesitated to threaten to nationalize the European companies working in the area.
http://www.usinenouvelle.com/article/chaos-en-lybie-le-prix-du-brut-grimpe.N146989
thought that events advenus and future on the south shore of the Mediterranean will be safe for our economy, our jobs and our security would show a great optimism.
Jean-Pierre Raffarin stimulus industrial relations between France and Algeria February 21, 2011 by Barbara Leblanc
.../... Regarding the draft Total Petrochemicals with Sonatrach, The Algerian energy minister, Youcef Yousfi, said that there is a "major strategic projects, because it is a veritable industry of petrochemicals and ethylene. For the moment, no decision has been taken on this project, the amount should be around five billion euros.
http://www.usinenouvelle.com/article/jean-pierre-raffarin-soutient les relations-between-the-industrial-France-and-l-algerie.N146981
"major strategic projects, because it is a real petrochemical industry and ethylene. "
Clearly this means unemployment in France. Car in front of Algeria, geographically speaking there is France precisely which produces ethylene in old plants, yes, but the plants would be able modenisées or whose production could be increased.
Twenty thousand jobs will be created and nine billion euros will be invested but not in France, Algeria.
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S.
C ARVAJAL
Strategic Management and Innovations. 
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