Qatar keeps august crude supply to Asia steady
Qatar, one of OPEC's smallest producers, has notified at least one Asian buyer that it will supply Marine and Land crude at full contracted volumes for August, unchanged from July levels, a trade source said on Monday.
July 2, 2012 10:12 by Reuters
Qatar, one of OPEC’s smallest producers, has notified at least one Asian buyer that it will supply Marine and Land crude at full contracted volumes for August, unchanged from July levels, a trade source said on Monday.
The move was expected as Qatar has been supplying both grades to customers at full contracted volumes since 2009.
Qatar gave buyers an option of asking for cargoes to be 5 percent more or less than contracted volumes, the same as the previous month, the source said.
(Reporting by Osamu Tsukimori; Editing by Michael Watson)
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