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Qatar Sells April Condensate At Steady Premiums

Qatar Sells April Condensate At Steady Premiums

At least one 600,000-barrel DFC cargo was awarded at around $1.80-$2.00 a barrel above Dubai quotes, similar to March cargoes, a trader said, although this could not be confirmed.

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February 20, 2012 1:36 by



Qatar International Petroleum Marketing Co, or Tasweeq, has sold deodorised field condensate (DFC) for loading in April via a tender at steady premiums to the previous deal, traders said on Monday.

At least one 600,000-barrel DFC cargo was awarded at around $1.80-$2.00 a barrel above Dubai quotes, similar to March cargoes, a trader said, although this could not be confirmed.

Premiums for condensates have held steady on strong naphtha cracks in Asia, which have benefited from tightening supplies. (Reporting by Francis Kan; editing by Miral Fahmy)



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