Vitol Group, the world’s biggest independent oil trader, and Litasco SA are approaching a trade deal with the Libya’s Tripoli-based National Oil Corporation (NOC) in a few days to supply billions of dollars worth of fuel to the country, Bloomberg reported quoting Vitol’s website statement.

Glencore, the Swiss-based second-largest independent oil trader and miner, has supported the Tripoli-based NOC, having singed a deal in September to ship oil from the Marsa al-Hariga port, the biggest functioning oil terminal.

Libya’s crude production has slumped to less than 370,000bpd and exports to 260,000bpd, out of a production capacity of 1.6m barrels, Mustafa Sanalla, the NOC’s Chairman said in an interview with Bloomberg last week.