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Latest News

Asia Crude-Qatar offers Dec condensates

The tender closes on Oct. 18, with bids remaining valid until Oct. 21.

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October 7, 2010 10:41 by



Qatar International Petroleum Marketing Co, or Tasweeq, has offered deodorised field condensate (DFC) and Qatar low sulphur condensate (LSC) for loading in December, a tender document showed on Thursday.

The tender closes on Oct. 18, with bids remaining valid until Oct. 21.

In the previous tender, Tasweeq sold November-loading DFC and LSC cargoes at stronger differentials on higher naphtha cracks.

Tasweeq sold six DFC cargoes for loading in November at a discount of between 30 to 80 cents a barrel to Dubai quotes to India’s Reliance, Japan’s JX Holdings, Korea’s SK Energy and GS Caltex.

The company also sold two to three LSC cargoes for loading in November at a discount of around $1.00 a barrel to Dubai quotes to JX Holding and Vitol, traders said last month.

(Reporting by Judy Hua, Editing by Himani Sarkar



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