Petral issues sweet crude purchase tender for fourth December arrival

22 October 2013 14:23  [Source: ICIS news]

SINGAPORE (ICIS)--Petral, the trading arm of state-owned Indonesian oil company Pertamina, issued its fourth purchase tender for December-arrival sweet crude, a company source said on Tuesday.

The new Petral tender will close on 23 October and will have validity until the 24 October.

In its previous tender, Petral bought a 950,000 bbl cargo of Qua Iboe for its 348,000 bbl/day Cilacap refinery and a 750,000 bbl cargo of Es Sharara for its 260,000 bbl/day Balikpapan refinery.

Petral had earlier bought another 950,000 bbl Qua Iboe, also for the Cilacap refinery, via its second December arrival tender.

In its first December arrival tender Petral  purchased a 600,000 bbl cargo of ESPO Blend for its Cilacap refinery and a 600,000 bbl cargo of Seria Light for its Balikpapan refinery.


By: James Dennis
+65 6780 4327



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