India’s MRPL issues purchase tender for end September sweet crude

24 July 2013 09:53  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has issued a purchase tender for low sulphur crude oil for loading on 16-30 September, according to a company statement issued on Wednesday.

The tender, which is for the import of 600,000 bbl to 1m bbl of low sulphur crude on either an FOB (free on board) or CFR (cost and freight) basis, will close on 29 July with validity until 31 July.

In its previous sweet crude oil tender, MRPL bought a 1m bbl cargo of 1-15 September loading Hungo crude from a US major at an undisclosed price.

By: James Dennis
+65 6780 4327

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