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The oil blockade has fallen! A tanker has been approved to enter the Libyan port of Zuweitina

Exports of Libyan crude have been halted for more than a week amid a political crisis over control of the central bank, which in turn holds the country's oil revenues

Sep 5, 2024 21:19 223

The oil blockade has fallen! A tanker has been approved to enter the Libyan port of Zuweitina  - 1

The oil tanker "Kriti Samaria" has received approval to enter the Libyan port of Zuweitina tonight or tomorrow to load 600,000 barrels of crude oil and head for Italy, oil rig engineers familiar with the situation told Reuters.

Libyan crude oil exports have been halted for more than a week amid a political crisis over control of the central bank, which in turn holds the country's oil revenues.

The tanker will receive permission to load oil from storage, the engineers said, without giving further details.

Libya's two rival parliaments announced yesterday that they had agreed to a mechanism to resolve the dispute over control of the central bank.