Bloomberg News

Vietnam’s PV Oil Offers to Sell Six-Month Nam Con Son Condensate

May 15, 2012

Vietnam’s PV Oil Corp., the state- owned oil-marketing company, is offering to sell Nam Con Son condensate on a six-month term contract basis from July to December, according to an offer document obtained by Bloomberg News.

PV Oil is selling two monthly shipments of 80,000 barrels each, the document shows.

Details of the offer are as follows:

--------------------------------------------------------------
Crude:     Nam Con Son (Vietnam)
Loading:   July to December
Size:      2 x 80,000 barrels per month
Pricing:   Dated Brent
Seller:    PV Oil
Bids due:  May 21, 2 p.m. Vietnam time
Validity:  May 24, 5 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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