Markets

Sinopec unit seeks 3.6mn bbls jet fuel for January - December

Published November 7, 2012 Updated November 7, 2012 12:54pm

 

Sinopec (Hong Kong), a wholly-owned subsidiary of China Petroleum & Chemical Corporation, is seeking one cargo of about 300,000 barrels of jet fuel a month for next year, one of the sources said.

 

The tender will close on Nov. 12, the source added.

 

Sinopec (Hong Kong) had finalised its 2012 jet fuel term with Gracewood Petroleum and JP Morgan at discounts of between 30 and 40 cents a barrel to benchmark Singapore quotes.

 

Copyright Reuters, 2012