Share of National Oil Corporations crude sales 2023

Libya’s crude trade under scrutiny as cargo leaves for China


In depth
Issue 509 - 12 Jul 2024 - By John Hamilton | 7 minute read

A tanker loaded with 1m barrels of Libyan crude destined for China left Tobruk port in eastern Libya on 11 July. If it can take its cargo to market, a definitive boundary will have been crossed in the dismantling of National Oil Corporation (NOC)’s control over oil export and marketing – a trade already mired in allegations about the illicit exchange of oil for Chinese military drones

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