Gibraltar Chief Minister Fabian Picardo said that the Grace 1 would be released on Thursday, adding that Gibraltar authorities would not renew the order to detain the oil tanker, The Sun newspaper reported.
According to the daily, the captain of the Grace 1 reportedly gave the Gibraltar Chief Minister a written undertaking, and Picardo would not ask a judge to extend the detention during a court hearing on Thursday.
“There is no reason to keep the Grace 1 in Gibraltar a moment longer if we no longer believe it is in breach of sanctions against” Syria, the British daily quoted a source close to the Chief Minister as saying.
“That is now the case, so you can expect to see her on her way tomorrow,” the source noted.
Later, a source told Reuters the Iranian tanker will likely be allowed to leave Gibraltar following a court decision which is due on Thursday.
Days ago, TankerTrackers.com reported that the tanker had been signaling Morocco as its next destination after having spent five weeks in Gibraltar.
On Tuesday, Gibraltar announced it plans to de-escalate tensions with Iran over the seizure of Grace 1 supertanker, reinvigorating hopeful speculations that it might release the large vessel soon.
Gibraltar stated it was seeking to de-escalate issues arising with Iran since the detention of the Grace 1 tanker 40 days ago.
In early July, British marines and Gibraltar police seized the Iranian tanker off the Southern coast of the Iberian Peninsula. Picardo had claimed that the ship was transporting crude oil to Syria “in violation” of the EU sanctions placed on Damascus. Washington has applauded the move, hailing it as a sign that Europe is on board with the US’ unilateral sanctions against Iran.
Iran condemned the “illegal move” of London and described it as “tantamount to piracy”. Tehran accused the UK of doing Washington’s bidding and helping the US attempt to stifle the Islamic Republic’s oil exports, rejecting London's claim that the supertanker was carrying crude for Syria.
The recent moves by foreign powers in the Middle East such as US sanctions on Tehran's oil, UK seizure of Iranian supertanker, as well as, "sabotage operations" on oil ships have intensified the turmoil in the region and the turmoil in the international energy market, affecting global crude prices in recent months.