Libya Rebels Set To Load Oil Tanker: Ship Docks In Tobruk Port Ship Tracking Data Shows | Business | Sky News
Libyan Rebels Poised To Make Oil Delivery
4:19pm UK, Tuesday April 05, 2011
An oil tanker has arrived at a rebel-held east Libyan port in Tobruk, where it is expected to be loaded for the first time in nearly three weeks.
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Libyan rebels fly flags in front of an oil refinery in the town of Ras Lanuf
Live ship tracking data viewed by the news agency Reuters showed the Liberian-registered tanker Equator had arrived at the Marsa el-Hariga terminal.
"It appears to be in ballast with no cargo," a shipping source said, referring to the depth of a vessel in the water which gives an indication of whether it is carrying goods.
According to shipping news and data provider Lloyd's List, the owner of the tanker had not commented on the mission.
"It's a Suezmax tanker and it's able to load one million barrels of oil, or about 130,000 tonnes of oil. So it's over £61m worth of crude," said markets editor Michelle Wiese Bockmann.
In Benghazi, a spokesman for the rebel Traditional National Council, declined to confirm or deny the report.
"These are national security questions, telling the enemy what we have and what we don't ... So we prefer not to comment on these things," said Mustafa Gheriani.
Libya, a key crude exporting nation, has seen its output slashed since rebels began an uprising against Colonel Gaddafi's rule in mid-February.
Ms Bockmann said the last oil shipment from Libya was on March 18, and that there had been "none at all" since then.
The country was producing 1.6 million barrels per day before the unrest, with 85 percent of that going to Europe - mostly Italy, Germany and France.
The rebels are very anxious to take the oil terminal at Brega so they can begin to export oil through an arrangement with Qatar.
Sky's Sam Kiley on the situation in central Libya