July 10, 2017 / 1:26 PM / a year ago

Russia's Rosneft started to lift oil from Libya

ISTANBUL (Reuters) - Russia’s Rosneft has started to lift oil from Libya, the head of the National Oil Corporation (NOC) Mustafa Sanalla told reporters on Monday.

FILE PHOTO - The logo of Russia's oil producer Rosneft is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin

“Yes, they started,” Sanalla told reporters when asked whether Rosneft had started to lift oil from the OPEC-member country which is exempt from the global oil output cut deal.

“It is a one year contract and they are lifting one-two cargoes on a monthly basis,” Sanalla added.

Reporting by Olesya Astakhova; writing by Katya Golubkova; editing by Polina Devitt

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