SINGAPORE, July 30 An oil tanker has started
loading a cargo of condensate, or ultra-light oil, the first
such export from the United States since the easing of a
40-year-old ban on U.S. crude exports, two sources familiar with
the matter said on Wednesday.
Westport Petroleum Inc, the Franklin, Tennessee-based
shipping arm of Japanese trader Mitsui & Co, chartered
the BW Zambesi, an LR1 tanker, also known as a Panamax class
vessel, in mid-July for the voyage.
The tanker, owned by BW Group, docked at the
Galveston terminal in Texas on Tuesday, AIS data on Reuters
It will load just over 400,000 barrels of condensate and is
expected to arrive in Asia in early September, one source said.
South Korean refiner GS Caltex has bought the
cargo from Mitsui.
(Reporting by Florence Tan; Editing by Tom Hogue)