Tankers Hired to Ship Libyan Crude

Oil companies have reportedly booked eight tankers to load Libyan crude, which is being seen as a positive signal for Libyan oil exports following the disruption of recent months.

Bloomberg compiled the information from four shipbrokers including Poten & Partners in New York and Galbraith’s Ltd. in London, and reports that BP, Total and Repsol are among the companies chartering the vessels.

The tankers comprise two Suezmaxes which can hold 1 million barrels of crude each, and six Aframaxes with capacity of about 600,000 barrels each.

One vessel was booked to load part of its cargo in Libya and another part in Egypt, according to the reports. One of the cargoes is condensate, fuel that’s produced during oil extraction and is equivalent to extra-light crude.

(Source: Bloomberg)

2 Responses to Tankers Hired to Ship Libyan Crude

  1. S Krayem 27th September 2013 at 2:41 pm #

    The picture published is not for an oil Tanker, this is a general cargo vessel as you can see the cranes on top it. Thanks

    • J Savage 18th October 2013 at 9:39 am #

      its and OBO so perfectly capable of load oil my friend and it was target whilst sitting off Libya in August...

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