unofficial
From a Russian source today I was reading about building a train line and natural gas deals as well, which I think is a signed deal. Doesn't Russia already control most of the natural gas in Europe already? If they nailed down Libya's gas assets that leaves Algeria's natural gas as the other big European gas supplier? I think controlling the natural gas market share in the important part here not the arms deal. One is worth fifty times more over time that's for sure.
This part isn't a signed deal yet.
At Janes web site it says:
Quote
Interfax-AVN said that "according to unofficial information"
Russia has prepared arms contracts for defence exports to Libya, which may exceed USD2.5 billion, according to a report from Russian military news agency Interfax-AVN on 14 April.
Citing an industry source, Interfax-AVN said that "a set of contracts for the export of Russian aircraft, anti-aircraft missile systems, naval and army weaponry to Libya may be signed in the near future. All the technical and financial formalities have been co-ordinated. The total cost of the contracts may exceed USD2.5 billion."
Interfax-AVN said that "according to unofficial information", the list of potential armaments for export to Libya includes: "several squadrons" of Russian anti-aircraft missile system, including the S-300 PMU2 Favorit; about 20 Tor M1 and Buk M1-2 anti-aircraft missile systems; two aircraft squadrons - one Mikoyan MiG-29 SMT and one Sukhoi Su-30 MK; and several dozen Mil Mi-17, Mi-35 and Kamov Ka-52 helicopters.
There are also plans to sign contracts for the modernisation of Soviet-made weaponry, which makes up nearly 90 per cent of Libya's armaments.
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© 2008 Jane's Information Group
End of non-subscriber extract
Link
http://www.janes.com/news/defence/business/jdi/jdi080416_1_n.shtml