Continental Focus, International Reach

BP to Pull Non-Essentials from Libya

Tuesday, May 14, 2013

The deteriorating security situation in Libya has led to BP determining that it will pull out some of its in-country ground staff. The UK-based major took the decision to pull all non-essential staff from Libya after the UK government issued a warning about the security situation in Tripoli.

“We are taking some non-Libyan staff out of the office in Tripoli following advice by the foreign office,” BP was quoted as saying.

The UK foreign office advised against travel to all parts of Libya.

On May 10 the British embassy said it would be cutting its staff in the North African country due to the growing unrest in the capital.

The security issues are expected to continue according to ENI’s chief executive Paolo Scaroni. While Scaroni expects the unrest to continue, he was also optimistic on Libya’s future saying that eventually the situation will improve as the North African country embraces democracy.

Such a statement is not unusual from a CEO of a traded company when trying to quell negative shareholder sentiment.

 


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