Oil tanker docks in Tobruk: Lloyd's List

5th April 2011, Comments 0 comments

A tanker docked in the rebel-held Libyan port of Tobruk on Tuesday to pick up the first oil cargo for 18 days, Lloyd's List said.

"The ship has docked in Tobruk," said Michelle Bockmann, markets editor of shipping news and data provider Lloyd's List.

"We can confirm that the tanker has docked... The boat is expected to be loaded on April 6," she told AFP, adding that the date had not been established by Lloyd's.

The Suezmax tanker is able to load one million barrels of oil, or around 130,000 tonnes of crude, which is worth more than $100 million (70.5 million euros), according to Lloyd's.

In Benghazi on Tuesday, a spokesman for the rebel Traditional National Council declined to confirm or deny earlier reports that the Liberian-flagged ship was heading for the Marsa el-Hariga terminal.

Libya, a key crude exporting nation, has seen its output slashed since rebels began an uprising against Libyan leader Moamer Kadhafi's rule in mid-February.

The last oil shipment from Libya was on March 18, and there has been "none at all" since then, Bockmann said earlier Tuesday.

Libya was producing 1.69 million barrels per day before the unrest but this had ground to a halt in the ensuing violence.

According to the International Energy Agency, its exports averaged 1.49 bpd before the uprising, with 85 percent of that going to Europe.

© 2011 AFP

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