BLBG:Bharat Petroleum Said to Seek Low-Sulfur Crude for November
Bharat Petroleum Corp., India’s second-largest state-run oil refiner, is seeking to buy low- sulfur crude for loading in the first half of November, according to tender documents obtained by Bloomberg News.
Last month, the company canceled a tender for first half of October loading crudes because of high offers, said two traders who participate in the market.
Details of the Mumbai-based refiner’s requirements are:
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Crude: Low-sulfur
Loading: Nov. 1 to Nov. 15
Price: Free-on-board basis, Dated Brent related
Offers close: Part 1 - Expression of interest: Sept. 9
Part 2 - Submission of offers: Sept. 12
Validity: Sept. 13
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To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net
To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net
