- Libyan crude oil has a low sulfur content and is suitable for the production of fuel oils for Hawaiian electrics
- Oil reserves in Libya are the largest in Africa and among the ten largest globally
About 20 percent of Hawaii’s crude oil requirement in 2020 was met by Libya, Par Hawaii, a leading supplier of transportation fuels in the island said. The company also imported 34.4 percent of its supplies from Russia.
According to the company, getting oil from these two countries is the best environmental choice available to meet Hawaii’s oil demand.
Oil was also imported from other countries, including Argentina and Sudan, but the main source of oil was Alaska.
According to the company, Libyan crude oil has a low sulfur content and is suitable for the production of low sulfur fuel oils for Hawaiian electrics.
Par Hawaii does not own oil underground and does not carry out its own crude oil exploration and production activities. The company works with third-party trading organizations to purchase crude oil from U.S.-approved countries.
Libya has been split since the overthrow of dictator Mu’ammar Gaddafi in 2011, but the United States and many other countries have acknowledged the current administration based in Tripoli and are supporting efforts to rebuild the country. About 85 percent of Libyan oil is imported by many European countries.
Oil reserves in Libya are the largest in Africa and among the ten largest globally.