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Oil Tanker Loading from Libya’s Brega: Reuters

OIL

The 600k bbl oil tanker Front Jaguar was loading at Libya's Brega port Sep. 4, engineers told Reuters and Kpler data showed.

  • This is despite a blockade that has halted other exports, Reuters added.
  • The tanker was permitted to load oil from storage after exports had been halted at major Libyan ports, the engineers said, although no further details were provided.
  • The eastern-based government in the divided country has ordered a shutdown to all oil production.
  • Libya’s central bank believes that an agreement can be reached soon that will allow the country’s oil output to resume to normal levels after a political dispute cut it sharply. An agreement could return 500kbpd of supply, Bloomberg said.
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