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Tankers leave Libya empty as hopes fade for end to blockade

Tanker vessels are now leaving Libya without oil cargoes after waiting for days in vain for the blockade of the country's export terminals to end.

Photo: Stringer/Reuters/Ritzau Scanpix

Tankers have begun to leave Libyan ports without cargoes after waiting for days for the end of a blockade of the country’s export terminals by forces loyal to Libyan commander Khalifa Haftar.

The blockade has virtually halted crude exports from the North African country, which had been running at about 1 million barrels a days in recent months. More than half of those shipments went to buyers in the Mediterranean, with Italy, Spain and France among the biggest buyers. China has also emerged as a significant market for Libyan crude, with about a fifth of export volumes heading to the world’s biggest oil importer.

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