Bloomberg News

Malaysia’s Petronas Offers 600,000 Barrels of Ruby Oil for July

May 10, 2012

Petroliam Nasional Bhd., the Malaysian state oil company known as Petronas, is offering two 300,000 barrel cargoes of Ruby crude for loading in July, said three traders who participate in the market, declining to be identified because they are not authorized to speak to the media.

The details of the offers are as follows:

-----------------------------------------------------------
Crude:       Ruby (Vietnam)
Quantity:    2 x 300,000 barrels
Loading:     July 8-14
             July 25-31
Pricing:     APPI/Platts Minas
Bids due:    May 16, 9 a.m. Vietnam time
Validity:    May 16, 6 p.m.
------------------------------------------------------------

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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