BLBG:Surgutneftegas Said to Sell ESPO Crude Oil for August to Shell
OAO Surgutneftegas, a Russian oil producer, sold 400,000 metric tons of East Siberian Pacific Ocean pipeline crude for loading in August, according to three traders who participate in the market. Royal Dutch Shell Plc (RDSA), bought all four cargoes, the traders said.
Details of the sale are as follows:
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Crude: East Siberian Pacific Ocean pipeline crude
Quantity: 100,000 metric tons (730,000 barrels) x 4 cargoes
Buyers: Royal Dutch Shell Plc
Loading: Aug. 8-11, Aug. 17-20, Aug. 22-25,
Aug. 29 - Sept. 1
Port: Kozmino Bay Terminal, Russia’s Far East
Price: Premiums of $3.65 a barrel to the price of Dubai
published by 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
