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OIL PRODUCTS: Al Zour Closes LSFO Tender on Wednesday

OIL PRODUCTS
BulletEnergy BulletsCommodities

KPC is closing a term tender on Wednesday offering LSFO from its Al Zour refinery for October to December loading this year according to Reuters sources. 

  • KPC offered 130,000 tons of the fuel oil, of maximum sulphur content of 0.5%, for loading each month during the period.
  • Reuters sources said the cargo is likely to trade at a $12/ton discount to Singapore 0.5% LSFO quotes while the winner of the tender was not clear.
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KPC is closing a term tender on Wednesday offering LSFO from its Al Zour refinery for October to December loading this year according to Reuters sources. 

  • KPC offered 130,000 tons of the fuel oil, of maximum sulphur content of 0.5%, for loading each month during the period.
  • Reuters sources said the cargo is likely to trade at a $12/ton discount to Singapore 0.5% LSFO quotes while the winner of the tender was not clear.