Bloomberg News

Vietnam’s PV Oil Offers 550,000 Barrels of Chim Sau Oil for May

March 27, 2012

PV Oil Co., Vietnam’s state-owned oil-marketing company, offered to sell two cargoes of Chim Sau crude for loading in May totaling 550,000 barrels, said two traders, declining to be identified because the information is confidential.

Details of the offer are as follows:

-----------------------------------------------------------
Crude:       Chim Sao (Vietnam)
Loading:     May 16 to May 20 - 250,000 barrels
             May 25 to May 29 - 300,000 barrels
Pricing:     Dated Brent
Port:        Chim Sao Marine Terminal
Bids Due:    April 3, 1 p.m. Hanoi time
Validity:    April 5
------------------------------------------------------------

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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