Indonesia’s Pertamina to sell 10,000 tonnes Group I base oil

03 August 2012 11:20  [Source: ICIS news]

SINGAPORE (ICIS)--Indonesian refiner Pertamina has issued a tender on Friday to sell a total of 10,000 tonnes Group I base oil from its Cilacap plant, market sources said.

The volume will be sold in three separate lots – 2,000 tonnes of SN130 and 1,500 tonnes of brightstock will be for delivery on 9-11 August; 2,000 tonnes of SN130 and 1,500 tonnes of SN500 for 18-20 August loading, and; up to 2,000 tonnes of brightstock and 1,000 tonnes of SN500 for 1-3 September delivery, they said.

The tender managed by Pertemina’s trading arm – Pertamina Energy Service – will close on 7 August at 17:00 hours Singapore time (09:00 GMT), market sources said.

By: Serena Seng

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