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Shell books tanker to load crude at Libya's Zueitina oil port

CommoditiesSep 25, 2020 07:15AM ET
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2/2 © Reuters. FILE PHOTO: A general view of pipelines at the Zueitina oil terminal in Zueitina, west of Benghazi 2/2

LONDON (Reuters) - Royal Dutch Shell (L:RDSa) has provisionally booked a tanker to load a crude cargo at Libya's Zueitina terminal on Oct. 3, potentially the first since January at the recently reopened port.

The Amoureux tanker is expected to load a 1 million barrel cargo and then discharge in Singapore on Oct. 22, Refinitiv Eikon shipping data showed.

Shell declined to comment on the booking.

Libya's National Oil Corporation (NOC) lifted force majeure on crude loadings at the port on Sept. 22.

The north African country has seen an uptick in export activity this week following the easing of the blockade imposed by eastern forces in January, which the NOC said cost the country around $10 billion in lost revenue.

The Delta Hellas oil tanker loaded a 1 million barrel crude cargo for Unipec, trading arm of China's Sinopec (SS:600028), at the Hariga terminal this week.

Refinitiv Eikon data shows the vessel has left the port and is making its way towards Egypt's Port Said.

Unipec now has a second tanker docked at Hariga, the Marlin Shikoku, which is expected to load a second cargo for the trader.

Mesla and Sarir crudes load at Hariga.

NOC said it expects to raise its oil output to 260,000 barrels per day next week.

Libya's Abu Attifel crude oil grade loads at the terminal.

Shell books tanker to load crude at Libya's Zueitina oil port
 

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