Gunvor SA, the Geneva-based trading arm of Gunvor Group Ltd, one of the world’s leading independent commodity trading companies, confirmed today that it has discharged a cargo of diesel for use in power generation in Libya, supplied to the Arabian Gulf Oil Company (AGOCO). An AGOCO spokesperson from Benghazi said: “It was vital for us to avoid power black-outs, but because our funds were frozen and our crude production was stopped, we faced an extremely difficult situation. Gunvor’s willingness to supply us during these difficult times has been much appreciated.”