Zueitina to reopen

May 02 2014

Libya's Zueitina oil port will load its first crude oil cargo around 1st to 3rd May, trading and shipping sources said.

The terminal has reportedly reopened after being closed for nearly 10 months, due to protests.

Reuters reported that the sources said that Austria's OMV had chartered the Suezmax ‘Ottoman Tenacity’ to load at Zueitina at the end of this week. One added that the vessel would load two grades, Abu Attifel and Zueitina.

Tamoil is in the process of chartering a second tanker to load around 8th -10th May , trading sources told Reuters.

State National Oil Corp lifted force majeure on the port on 28th April following a recent deal with federalist protesters to reopen the smallest two of four blocked eastern ports. 

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