The rebel National Transitional Council has relayed assurances to a
range of contractors that work in Libya's energy sector. The council said it
would not cancel contracts with China and Russia, the leading allies of the
former regime of Col. Moammar Gadhafi.
"All lawful contracts will be honored," Ahmed Jehani, responsible for
NTC's reconstruction, said. "There's no question of revoking any contract."
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In a statement to Reuters television, Jehani said China would be welcome
to continue to invest in Libya's energy and additional sectors, Middle East Newsline reported. He said
crude oil reconstruction would require at least nine months.