Publication Date:
Fri, 2010-12-10 00:46
The tender closed on Tuesday but preferred bidders will be
invited to Singapore next week for further negotiations, sources said.
Aramco is looking to buy at least four cargoes per month
from February to November, one trade source said. He added that it is seeking
both 500 ppm and 0.5 gas oil.
The company is likely to import five to six cargoes between
February and April on term contracts, another source said, adding that an
additional purchase of two to three cargoes per month was on the cards due to
refinery maintenance shutdowns during those months.
Aramco was not immediately available for comment.
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