HOUSTON (Bloomberg) -- ConocoPhillips is shipping a cargo of Alaska North Slope crude to Asia, making rare use of a Bill Clinton-era exemption to U.S. oil export restrictions. Conoco, Alaska’s largest oil producer, will deliver the cargo to Asia in the fourth quarter, Houston-based company spokesman Daren Beaudo said by email. The shipment was first reported by Louisville, Kentucky-based Genscape Inc., an energy intelligence firm.
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Conoco exports first crude shipment to South Korea in 8 years
![Conoco exports first crude shipment to South Korea in 8 years]()
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