Bloomberg News

Vietnam’s PV Oil Seeks Diesel, Gasoline for June Delivery

May 17, 2012

PV Oil Corp. is seeking to buy gasoil, or diesel, and gasoline for June delivery, the company said in a document e-mailed to potential suppliers.

The unit of state-owned Vietnam Oil & Gas Group, or PetroVietnam, on May 16 also tendered for cargoes. Details of the latest bid are as follow:

---------------------------------------------------------------
Product:    Gasoil with 0.25 percent sulfur
Quantity:   2 cargoes, each of 7,000 to 9,000 cubic meters
            (about 44,000 to 56,600 barrels)
Dates:      FOB June 1 to June 5; and C&F June 7 to June 11
Port:       Singapore, Thailand, China, Taiwan; and Haiphong
---------------------------------------------------------------
Product:    Gasoline, 92-RON
Quantity:   2 cargoes of 9,000 cubic meters
Dates:      C&F June 3 to June 7; and C&F June 5 to June 9
Port:       Vungtau; and Nha Be, Ho Chi Minh City
---------------------------------------------------------------
Offers due: May 21, 10:30 a.m. local time
Validity:   May 22, 12 p.m. local time
---------------------------------------------------------------

To contact the reporter on this story: Yee Kai Pin in Singapore at kyee13@bloomberg.net

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


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