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Home Oil & Gas

Navy Blocks Oil Tanker at Es-Sider

6th January 2014
in Oil & Gas, Security
Navy Blocks Oil Tanker at Es-Sider
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Libyan officials said on Monday that that navy has blocked an oil tanker from illegally loading crude from the eastern port of Es-Sider, which has been held for months by armed protesters demanding more autonomy from Tripoli.

A National Oil Corporation (NOC) confirmed:

"The Libyan navy... dealt on Sunday with a Malta-flagged tanker which tried entering Es-Sider port in cooperation with an illegal group to load and smuggle crude oil ... The Libyan navy prevented the tanker from reaching Es-Sider."

The tanker Baku was reported to have been chartered by a company called Royal Asset Management.

NOC extended on Saturday its force majeure for the ports, a legal term to cover the suspension of contract obligations.

(Source: Reuters)

Tags: Es Sideroil exportsRoyal Asset Management

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