Libya's Zueitina Port Welcomes Oil Tanker Kriti Samaria Amid Political Discord

The oil tanker Kriti Samaria has been approved to enter Zueitina port in Libya to load 600,000 barrels of crude oil, bound for Italy. Libya's crude exports had been stalled for over a week due to a political standoff over the central bank's control. Legislative bodies have now reached a resolution mechanism.


Devdiscourse News Desk | Updated: 05-09-2024 17:29 IST | Created: 05-09-2024 17:29 IST
Libya's Zueitina Port Welcomes Oil Tanker Kriti Samaria Amid Political Discord
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The oil tanker Kriti Samaria has been cleared for entry into Libya's Zueitina port, set to dock either Thursday evening or Friday, engineers confirmed to Reuters. The vessel is slated to load 600,000 barrels of crude oil for transportation to Italy.

Libya's crude oil exports came to a halt for more than a week, mired in a political conflict regarding the control of the central bank, which oversees the nation's oil revenues. The engineers did not disclose additional details but mentioned that oil would be loaded from storage facilities.

In a breakthrough, Libya's two legislative bodies declared on Tuesday that they have formulated a mechanism to resolve the ongoing dispute over the central bank's governance.

(With inputs from agencies.)

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