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Markets

Rosneft offers 100,000 tonnes of March ESPO Blend crude oil

Published Updated

MOSCOW: Rosneft offered a 100,000-tonne cargo of ESPO Blend crude oil loading from Kozmino port on March 11-16 in a spot tender on Thursday, traders said.

The tender closes on Jan. 25 at 2 p.m. Moscow time (1100 GMT), they added.

It was the first ESPO Blend cargo Rosneft had offered on spot since September 2018, Reuters monitoring showed.

Most of Rosneft's seaborne ESPO Blend cargoes are normally allocated to its term buyer, China's CEFC. In the first half of 2018, Rosneft regularly offered cargoes of ESPO Blend on spot.

Copyright Reuters, 2019

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