Crude Oil Daily

Thursday, September 1, 2011

Russian oil firm ships diesel to Libya rebels

Russian oil trading company Gunvor Group Ltd. says it is sending a cargo of diesel fuel to the Libyan rebel stronghold of Benghazi for use in power generators. Gunvor says its Geneva-based trading arm is supplying the unspecified amount of diesel to the rebel-controlled Arabian Gulf Oil Co., or Agoco. In a statement Wednesday, Gunvor cited an unidentified Agoco official saying the fuel would help prevent electricity blackouts. Oil production in Libya has largely stopped since fighting broke out between anti-government rebels and the regime of Moammar Gadhafi.
Posted by Crude Oil Daily at 2:11 PM

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