Shell lifts first crude cargo from Libya in 5 years

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AUGUST 22, 2017 – 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.

“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.

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