An Iranian-flagged tanker has retrieved an oil cargo which the United States had confiscated and is set to leave Greece, sources familiar with the matter said on Aug. 15.
The seizure from the Lana, formerly the Pegas, prompted Iranian forces in May to seize two Greek tankers in the Middle East Gulf, which have not yet been released.
The United States had hired a tanker in April to impound the oil onboard the Lana tanker, which had been anchored off Greece.
The oil was then partly removed and placed aboard the Ice Energy tanker, which had been chartered by Washington and had been expected to sail to United States before Greece's supreme court ruled that the cargo should be returned to Iran.
"The reloading process is complete," one of the sources said. Another source said it was completed on Aug. 14.
The embassy of Iran in Athens said on Aug. 12 on Twitter that the vessel would sail to Iran after the reloading was completed.
It was not clear if Lana, which had engine problems, could sail unassisted.
For over two months, Lana, remained under arrest off the Greek island of Evia, near the town of Karystos. It was tugged to Piraeus following court orders that allowed its release.
The tanker has been anchored off Piraeus since late July.
Recommended Reading
Range Resources Holds Production Steady in 1Q 2024
2024-04-24 - NGLs are providing a boost for Range Resources as the company waits for natural gas demand to rebound.
Hess Midstream Increases Class A Distribution
2024-04-24 - Hess Midstream has increased its quarterly distribution per Class A share by approximately 45% since the first quarter of 2021.
Baker Hughes Awarded Saudi Pipeline Technology Contract
2024-04-23 - Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.
Equitrans Midstream Announces Quarterly Dividends
2024-04-23 - Equitrans' dividends will be paid on May 15 to all applicable ETRN shareholders of record at the close of business on May 7.