Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Post by peplareon Dec 27, 2014 9:45pm
313 Views
Post# 23267080

Makes you wonder

Makes you wonder

Fires spread to 5 oil tanks at key Libya terminal

Firefighters try to put out a fire in an oil tank in Es Sider port. – Reuters pic, December 28, 2014. Firefighters try to put out a fire in an oil tank in Es Sider port. – Reuters pic, December 28, 2014.More storage tanks were ablaze Saturday at one of Libya's main oil terminals after a rocket attack by Islamist militiamen, officials said as the UN denounced attacks on oil installations.

The rocket was fired on Thursday by militiamen from Fajr Libya (Libya Dawn), a coalition of Islamist fighters.

One oil tank was hit, said the region's security spokesman Ali al-Hassi, before the fire spread on Friday to two other full tanks at Al-Sidra terminal.

On Saturday the flames engulfed another two storage tanks at Al-Sidra, which is in the eastern region known as the "oil crescent" and home to other key terminals, he said.

The United Nations Support Mission in Libya (UNSMIL) said in a statement on Saturday that it "strongly condemns" attacks on Libya's oil installations.

"The mission warns of the environmental and economic consequences as a result of this violence and destruction in the oil crescent area, and urges the forces on the ground to cooperate in order to allow the fire crews to extinguish the blaze," it said.

Hassi said the national fire department refused to extinguish the fires, prompting volunteer firefighters to come forward to fight the flames with the help of oil installation guards.

"They are doing their best to extinguish the fire and are working under difficult conditions," Hassi said.

A technician for Waha, the company responsible for running Al-Sidra, said there are 19 storage tanks at the terminal with a total capacity of 6.2 million barrels of oil.

The source, who declined to be named, estimated the amount of crude lost to the fire so far at more than 1.6 million barrels.

In its statement, UNSMIL called attacks on oil installations a "clear violation" of UN Security Council resolutions on Libya.

"Libyan oil belongs to all the Libyan people and is the country's economic lifeline," it said, urging all sides to "desist from any action that endangers this strategic national asset". – AFP, December 28, 2014.


Bullboard Posts