VIDEO: ‘Western countries fighting for Libya’s oil fields like piranhas’

Months of chaos await Libya if the NATO-led operation in the country topples Muammar Gaddafi, political analyst William Engdahl told RT, but regime change would suit Western oil interests.

“They are eventually going to topple Gaddafi,” he said. “And I think what Libya is going to face after that is a period of prolonged chaos. Nobody knows the outcome.”

“What emerges from that, I think it suits some of the Western oil interests, especially the British and the French, who were fighting like piranhas over grabbing the most juicy oil fields for their own companies,” said Engdahl, author of “Full Spectrum Dominance: Totalitarian Democracy in the New World Order.”

Engdahl says NATO’s actions in Libya have created a very virulent precedent.

“What we have going on in Libya for some months now is a major effort by the US and NATO forces to pour at least $1 billion by various estimates into the so-called Transitional National Council,” he said. “It’s rival tribal clan warfare that is going on in Libya. This is not a democracy movement by any stretch of the imagination.”

Engdahl said it is simply an insurgency being supported covertly by US-financed armed shipments to the rebels – in order, he claimed “to simply carve up the oil fields and get them into Western hands, rather than in Libyan state hands, which Gaddafi held firmly on to.”


Articles by: F. William Engdahl

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]

www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]