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Markets

Asia-Pacific Crude-Pertamina seeks condensate for December

Published Updated

SINGAPORE: The Asia-Pacific crude oil market was steady on Thursday ahead of loading programmes to be release for cargoes in December, industry sources said.

INDONESIA

Indonesia's Pertamina is seeking 650,000 barrels of condensate for delivery in mid-December in a tender that closes on Oct. 5 and valid until Oct. 9.

Pertamina last bought two North West Shelf condensate cargoes for delivery in November, traders have said.

It was not immediately clear if the company has ramped up the run rates of its TPPI condensate splitter but its purchase of condensate has stepped up recently, traders said.

VIETNAM

Vietnam's PV Oil has offered 6,700 barrels-per-day of Su Tu Den crude for loading over January to June next year, industry sources said.

The tender closes on Oct. 8 and is valid until Oct. 17.

The state-owned company also has an outstanding tender to sell Te Giac Trang for loading over January to June, next year.

Copyright Reuters, 2018
 

 

 

 

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