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Rosneft Oil Co. (ROSN) sold two cargoes of East Siberian Pacific Ocean pipeline oil, or ESPO crude, for loading in August and September to SK Innovation Co. and JX- Nippon Oil & Energy Corp., according to two traders who participate in the market.
Details of the offer are as follows:
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Crude: East Siberian Pacific Ocean pipeline oil
Quantity: 100,000 tons, or 730,000 barrels, x 2 cargoes
Loading: Aug. 10-13; Aug. 31 to Sept. 3
Buyers: SK Innovation and JX-Nippon
Port: Kozmino Bay Terminal, Russia’s Far East
Price: Premium of $3.60 a barrel for the Aug. 10-13 cargo
and premium of $3.90 for Aug. 31 to Sept. 3 cargo.
Both prices are against Dubai price set by pricing
service Platts.
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To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net.
