Petral issues another tender for June arrival sweet crude

25 April 2014 14:40 Source:ICIS News

SINGAPORE (ICIS)--Indonesian state oil company Pertamina's trading arm, Petral, issued another  purchase tender for June arrival sweet crude, a source close to the company said on Friday.

The tender will close on 28 April, the source added.

Petral has already purchased some 3.05m bbl of June sweet crude via previous purchase tenders for June arrival barrels.

In its previous tender, Petral  bought 950,000 bbl of Cabinda and a total of 900,000 bbl of Champion for the 260,000 bbl/day Balikpapan refinery, and 600,000 bbl of Champion for the 348,000 bbl/day Cilacap refinery, the source said.

This followed an earlier tender  purchase of 600,000 bbl cargo of Azeri Light for June arrival to the Cilacap refinery.

By James Dennis