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Hilbroy Advisory: Qatar delivers oil products to Benghazi
Hilbroy Advisory: Qatar delivers oil products to Benghazi
The Arab Gulf state also confirmed on Tuesday that it was marketing Libyan crude oil and buying fuel on behalf of the rebels trying to overthrow Muammar Gaddafi, the Libyan leader.
Montreal,
Quebec,
Canada
(prbd.net)
13/04/2011
Montreal, Quebec, April 12, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Qatar has delivered four shipments of oil products, included diesel, petrol and LPG butane, to the Libyan city of Benghazi.
The Arab Gulf state also confirmed on Tuesday that it was marketing Libyan crude oil and buying fuel on behalf of the rebels trying to overthrow Muammar Gaddafi, the Libyan leader.
In a statement to the Qatar News Agency, an official source at Qatar's ministry of energy and industry said one million barrels of Libyan crude oil had so far been marketed.
The US said on Tuesday that it supported the marketing of Libyan crude oil by Qatar.
Trade sources told the Reuters news agency on Tuesday that Libya's oil trade is picking up after weeks of paralysis, saying political support from the West for Libyan rebels was enabling deals.
The sources told Reuters that Trafigura, a global trading business, planned to export a cargo of Libyan oil from the port of Brega and Vitol, an independent energy trading company, had shipped a petrol cargo into Benghazi.
A source said Vitol was in talks with the rebels to supply them with steady flows of petrol and was in the process of "working out a deal for the payments".
Trafigura and Vitol declined to comment on the reports.
Qatar has been the Arab nation most staunchly supportive of the Libyan rebels, recognising the rebel Libyan National Transitional Council as representing the country.
The US and other members of the Libya contact group are due to meet on Wednesday in Doha, the Qatari capital, to review the situation in Libya.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131
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All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
About
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
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