Oil tanker laden with North Dakota crude reaches Netherlands

The Associated Press

Officials say a petroleum tanker laden with 175,000 barrels of North Dakota crude has made its way to Europe.

 

BISMARCK, N.D. (AP) — Officials say a petroleum tanker laden with 175,000 barrels of North Dakota crude has made its way to Europe.

It's the first such overseas shipment of the state's oil since Congress lifted a 40-year ban on crude export in December.

Officials say the tanker was being unloaded in Rotterdam, Netherlands on Wednesday.

North Dakota's congressional delegation and industry officials hailed Hess Corp.'s shipment as a milestone that could open more markets to faraway refineries where premium prices are typically fetched based on foreign prices.

Hess was formerly was known as Amerada Hess. It was the first company to strike oil in North Dakota in April 1951.

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