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KPC Offers Fourth October Loading HSFO Tender

OIL PRODUCTS

Kuwait Petroleum has increased spot tenders for HSFO this October – the latest one closes Friday.

  • Spot HSFO tenders have increased as a result of weaker domestic power demand for the grade.
  • KPC is offering 80,000 metric tons of 380-cst HSFO with 2.5% maximum sulphur content, for loading between Oct. 29 and 30 according to Reuters sources. The tender closes on Friday at noon Kuwait time, with validity until 23:00 Kuwait time.
  • There have been three prior HSFO spot tenders loading this October at 60,000 tons each.

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