Ceypetco Seeks 310,000 Bbl Gasoil, Gasoline For Late May
posted by Editor at 10:12 AMSINGAPORE -(Dow Jones)- Sri Lanka's Ceylon Petroleum Corp. or Ceypetco floated a spot tender seeking a total of 310,000 barrels of gasoil and gasoline for late May delivery, a company official said Thursday.
Ceypetco is seeking 150,000 barrels of gasoil with 0.25% sulfur and 160,000 barrels of 90 RON gasoline for May 29-30 delivery to Colombo.
The tender will close April 29, with two days of validity, said the official, declining to be named.
Ceypetco last bought 150,000 barrels of 0.25%-sulfur grade gasoil for May 18- 19 delivery from Vitol at a premium of $4.67 a barrel to the Singapore mean.
It last bought a gasoline cargo from India's Reliance Industries Ltd. ( 500325.BY) at a premium of $2.94 a barrel to the Singapore mean. The 160,000- barrel 92 RON gasoline cargo was for May 7-8 delivery
Labels: Business News




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