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Qatar makes oil payments to Libyan rebel group

05/16/2011
Eric WatkinsOil Diplomacy EditorOpponents to the rule of Libya's leader Moammar Gadhafi are receiving payments from oil sales through a trust fund established in Qatar, according to officials familiar with the transactions.A member of the oil and gas support group for Libya, confirming earlier reports about Doha's role in the sales, said the payments for the Libyan crude are being made in US dollars through a bank account in Qatar.The source said about 1 million bbl have so far been sold at $100 million. The money is being used by rebel forces to purchase basic commodities like food and other aid.The oil and gas support group now has an office in Doha, and Qatar is helping to market the c...
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