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Markets

Qatar offers crude for July-August loading via tender, sources say

  • The producer is ​offering its al-Shaheen, Marine Qatar ​and Marine Land crude. Buyers can ⁠load or lift via ship-to-ship transfer ​between Fujairah and Sohar
Published Updated
Photo: Reuters
Photo: Reuters
By

NEW DELHI/SINGAPORE: QatarEnergy has issued a tender ​to sell crude for July-to-August loading, likely ‌its first since the U.S.-Iran conflict began, trade sources said on Friday.

The producer is ​offering its al-Shaheen, Marine Qatar ​and Marine Land crude. Buyers can ⁠load or lift via ship-to-ship transfer ​between Fujairah and Sohar, according to a ​tender document seen by Reuters.

The tender will close on June 29.

The offer adds to rising ​supplies from Middle Eastern producers. ​Iraq’s state oil marketer SOMO issued a tender on ‌Thursday ⁠offering to sell Basra Heavy and Basra Medium oil in July.

Earlier, Kuwait Petroleum Corp offered July-loading crude in a ​tender while ​Abu ⁠Dhabi National Oil Co has sold at least 48 million ​barrels of crude via three ​tenders ⁠this month.

Earlier this week, Taiwan’s Formosa bought two million barrels of Qatari al-Shaheen crude.



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