Bloomberg News

Rosneft Said to Sell Two ESPO Cargoes to Unipec for February

December 30, 2011

(See OTEN <GO> for a database of oil tenders.)

Dec. 30 (Bloomberg) -- Rosneft Oil Co. sold two 100,000 metric-ton cargoes of East Siberian Pacific Ocean pipeline crude, or ESPO, to China International United Petroleum & Chemical Corp., known as Unipec, said three traders who participate in the market. They declined to be identified because the information is confidential.

The shipments, for loading in February, sold at premiums between $6.00 and $7.00 a barrel to Dubai.

Details are as follows:

--Editor: Ryan Woo.

To contact the reporter on this story: Ramsey Al-Rikabi in Singapore at ralrikabi@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net.


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