Libya’s new transitional government have promised a new constitution and elections within 18 months.

National Transitional Council (NTC) leaders were speaking at a meeting in Paris yesterday where they thanked world leaders for assisting the rebels in ousting Colonel Gaddafi from power and vowed that the new Libya would be based on tolerance and a commitment to the rule of law.

"The world bet on the Libyans and the Libyans showed their courage and made their dream real," said new Libyan Prime Minister Mahmoud Jibril.

"We need to have stability, security tolerance and forgiveness. Islam encourages forgiveness," Mustafa Abdel Jalil, the chairman of the Libyan National Transitional Council, said.

French President Nicolas Sarkozy meanwhile stressed that air strikes would go on as long as ex-leader Col Gaddafi was a threat.

British Prime Minister David Cameron urged the new government to ensure perpetrators of the "unspeakable crimes" that were coming to light in Tripoli were prosecuted.

Gaddafi is still on the run but issued another audio missive saying he would never surrender and warned he is “ready to fight a long guerrilla war”. He also promised “a war of bees that sting and run away"

The message comes as Libyan rebel troops camped outside Gaddafi’s home town of Sirte as the town’s deadline for surrender neared.

British teams sent to Libya to secure oil deals