PSO seeks 1.27m Tonnes fuel oil for March-June, up 18pc

SINGAPORE: Pakistan State Oil has issued a tender seeking up to 1.27 million tonnes of fuel oil for March to June delivery, up about 18 percent from its previous tender, traders said on Monday.    

The tender, for up to 14 cargoes of 65,000-tonne, high-sulphur fuel oil (HSFO0 of 125-180 centistoke (cst) and another six parcels of 60,000-tonne, low-sulphur fuel oil (LSFO), closes on Feb. 17 and will remain valid till Feb. 21. 

All the cargoes are for delivery to Karachi on a cost-and-freight (C&F) basis

PSO is also seeking up to three jet fuel cargoes of 16,500 tonnes each, for March-April delivery, C&F.