ECM: Asia Crude-ONGC offers second Feb Sokol cargo
TOKYO: Oil and Natural Gas Corp (ONGC) has issued a second tender to sell a cargo of light sweet Sakhalin-1 Sokol crude for February loading, a tende
r document showed on Monday.
The tender, for a 700,000-barrel cargo to be loaded around FebruA 21, closes on Dec. 11, with bids to remain valid until December 12. In its first tender, ONGC sold a February-loading cargo of Sokol crude at a record-low premium of about $3.25 a barrel to the average of Oman and Dubai to oil major ExxonMobil, a trade source said earlier on Monday.
