News
23 November 2015

Glencore agrees to buy up to 50% of Libyan oil exports

Region:
Middle East & Africa

Swiss-based commodity trader Glencore has agreed to buy as much as 50% of the oil currently exported by Libya in a bid to offset flagging mining profits. Glencore will load and find buyers for all the Sarir and Messla crude oil from the Marsa el-Hariga port.

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