First crude has left the US after lift of export ban

The first tanker vessel has left the US loaded with crude oil after the country's more than 40 year old ban on crude oil exports has been lifted.

Arkivfoto. | Photo: SHELL

After more than 40 years with a ban on crude oil exports, the first tanker vessel has now left the US fully loaded with crude oil, according to several media, including World Maritime News.

The ship, 73,000 dwt vessel Theo T, built in 2003, has left Corpus Christi, Texas and is now headed for Italy with an expected arrival on January 20th. The oil on board hails from ConocoPhillips' wells in southern Texas.

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