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Shell lifts its first crude cargo from Libya in 5 years - industry sources
August 19, 2017 / 8:20 AM / a month ago

Shell lifts its first crude cargo from Libya in 5 years - industry sources

DUBAI, Aug 19 (Reuters) - 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 on Saturday.

“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). However, we don’t comment on specific trading deals,” the spokesperson added. (Reporting by Rania El Gamal and Ahmed Ghaddar; Writing by Noah Browning; Editing by Toby Chopra)

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