19 Aug 2017 - 22:48

Shell lifts its first crude cargo from Libya in 5 years


Dubai:  Royal Dutch Shell has lifted a cargo of 600,000 barrels of crude oil from Libya’s Zueitina port, its first from the war-torn north African country in 5 years, two industry sources told Reuters yesterday.
“Libya is a significant resource holder and Shell International Trading and Shipping Company Ltd (STASCO) has a history marketing Libyan crudes,” a Shell spokesperson said. “We welcome new business opportunities with Libya’s National Oil Corporation (NOC),” the spokesperson added.