From Irish Central – Over 23 percent of oil used in Ireland comes from Libya, Oil shortage could be imminent:
Ireland imported 14,000 barrels of crude oil a day from Libya in 2009, according to data from the International Energy Agency (IEA). The country’s dependency on Libyan oil exports could result in problems for the incoming Irish government…
Currently Libyan ports and terminals have been temporarily closed under order from the country’s head of state, Colonel Moammar Gadhafi.
Speculation is growing that Gadhafi has ordered his security forces to sabotage some oil facilities which has contributed to the soaring oil prices. As a result Ireland’s incoming government could be faced with an oil shortage in its first week in power.
See our previous post from yesterday: Oil