NEW YORK May 25 U.S. oil refiner Tesoro
(TSO.N) has bought a cargo of crude oil from Libya's eastern
rebel movement to run in its Hawaii refinery, the company told
Reuters on Wednesday.
The cargo of crude, estimated at about 1 million barrels,
has been sitting idle near Singapore since late April and was
originally bought from Libyan rebels in early April, according
to tanker tracking data and trading sources. The crude is
aboard an oil tanker chartered by Swiss oil trading giant Vitol
Tesoro spokesman Mike Marcy confirmed by email that San
Antonio,Texas-based Tesoro has bought the Libyan crude cargo to
run in its 94,000 barrel per day Hawaii refinery.
Reuters tanker tracking data shows the cargo will arrive in
Honolulu around June 7.
"This purchase was made in strict accordance with the
relevant White House Executive Order, signed by President
Obama," Marcy wrote in an email.
Some Libyan crude is subject to sanctions due to the civil
war in the North African country. However, the U.S. government
has approved doing business with Libya's eastern rebel
(Reporting by Joshua Schneyer, Bruce Nichols and Emma Farge;
Editing by David Gregorio)