BLBG:TNK-BP Said to Sell East Siberian Oil for October to BP, Unipec
TNK-BP sold 200,000 metric tons of East Siberian Pacific Ocean pipeline crude, known as ESPO, for loading in October to BP Plc (BP/) and China International United Petroleum & Chemical Corp., said three traders who declined to be identified because the information is confidential.
Details of the sale are as follows:
------------------------------------------------------------
Crude: East Siberian Pipeline Oil, Russia
Quantity: 100,000 tons, or 730,000 barrels x 2 cargoes
Buyer: BP, Unipec
Loading: October
Port: Kozmino Bay Terminal, Russia’s Far East
Prices: Premium of about $5.10 a barrel to Dubai price
published by Platts.
--------------------------------------------------------------
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