BLBG:TNK-BP Said to Sell East Siberian Oil for November to Sinochem
TNK-BP sold 100,000 metric tons of East Siberian Pacific Ocean pipeline crude, known as ESPO, for loading in November to Sinochem International Co., said three traders who declined to be identified because the information is confidential.
Details of the sale are as follows:
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Crude: East Siberian Pipeline Oil, Russia
Quantity: 100,000 tons, or 730,000 barrels
Buyer: Sinochem International
Loading: Nov. 2-7
Port: Kozmino Bay Terminal, Russia’s Far East
Prices: Premium of about $5.90 a barrel over Dubai price
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