posted June 09, 2011 01:49 AM
http://www.cnn.com/2011/US/06/08/libya.rebels.oil/index.html?eref=mrss_igoogle_cnn
Washington (CNN) -- The rebel government in control of the eastern part of Libya has made its first sale of oil from territory it controls, the State Department confirmed Wednesday.
Tesoro, a U.S. oil refiner, entered into a deal May 25 with the Transitional National Council based in Benghazi, Libya for 1.2 million barrels of Libyan crude oil, the State Department said in a written statement. The shipment was scheduled to arrive aboard the MT Equator, a Liberian-flagged tanker, at the Single Point Mooring in Hawaii on Wednesday. The dollar value of the deal is not known.
U.S. support for additional oil sales with the TNC will continue as a means to support additional revenue streams for the Libyan people, the statement said.
Jwhop