BLBG:Vietnam Said to Sell Bach Ho Oil Cargo to Mitsui for October
PV Oil Co., Vietnam’s state-owned oil marketing company, sold a cargo of Bach Ho crude for loading in October to Mitsui & Co., said two traders who participate in the market. They declined to be identified, citing confidentiality agreements.
Details of the transaction are as follows:
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Crude: Bach Ho (Vietnam)
Loading: October
Quantity: 400,000 barrels
Buyers: Mitsui
Price: Premium of more than $6 a barrel to the
Platts/APPI Minas price.
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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
