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Countries that supported the overthrow of dictator Moammar Gadhafi's regime are likely to get first crack at post-war Libyan oil production, while those that sat on the sidelines are at risk of losing out.
Although Libyan oil production before the uprising comprised just 2% of global output, it is prized because it is of the light sweet crude variety - it contains less sulfur than most other oil and is thus cheaper to refine.
China abstained from the United Nations vote that authorized for
"We have lost Libya completely," Aram Shegunts, director general of theRussia-Libya Business Council, told Reuters. "Our companies will lose everything there because NATO will prevent them from doing their business in Libya."