Community | November 20, 2008 | 11 comments

Somail tanker pirates demand $25 million

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InformedTexan
Pirates who hijacked a Saudi oil tanker off the Somali coast are reported to have demanded a $25m (£17m) ransom.

The AFP news agency, quoting one of the pirates, says the owners have been set a 10-day deadline to hand over the sum.

The Sirius Star is the biggest tanker ever hijacked, carrying a cargo of two million barrels of Saudi oil - worth more than $100m.

The ship's operators, Vela International, have told the BBC that they cannot comment on the reports.

On Wednesday, Saudi officials confirmed that the ship's owners were in talks with the pirates.

AFP named the pirate it had spoken to as Mohamed Said.

"We do not want long-term discussions to resolve the matter," he was quoted as saying.

The Saudis have 10 days to comply, otherwise we will take action that could be disastrous," he added, without elaborating.
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