Bloomberg News

Qatar Sells Al-Shaheen Oil to Exxon, Unipec for January Loading

November 20, 2011

Nov. 21 (Bloomberg) -- Qatar International Petroleum Marketing Co., known as Tasweeq, sold 3 million barrels of Al- Shaheen crude oil for January loading to Exxon Mobil Corp. and China International United Petroleum & Chemical Corp., or Unipec, said three traders who participate in the market, declining to be identified because the information is confidential.

Details of the sale are as follows:

Al-Shaheen is a similar grade to Saudi Arabia’s Arab Medium crude. Qatar exports two other grades, Qatar Marine and Qatar Land, to customers in Asia.

--Editors: Paul Gordon, Alexander Kwiatkowski

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


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