Libya: Countries compete for oil licences


Libya's oil fields could be open for business again soon. It's a prospect that has oil executives wondering which firms and nations will be favoured be any new administration.

Those who backed the recent rebellion, such as France and Italy will find themselves in the strongest position.

However Russian and Chinese firms may lose out after failing to support any action against Col Muammar Gaddafi.

Jeremy Howell reports.

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