Bloomberg News

Sakhalin Energy Said to Offer Vityaz Crude for July to August

May 20, 2012

Sakhalin Energy Investment Co. is offering 730,000 barrels of Russia’s Vityaz Blend crude for loading from late July to early August, said two traders who received the tender document, declining to be identified because they aren’t authorized to speak to the media.

The details of the offer are as follows:

---------------------------------------------------------------
Crude:         Vityaz Blend (Russia)
Quantity:      730,000 barrels
Loading:       July 30 to Aug. 6
Pricing:       Platts Dubai, cost-and-freight basis (C.F.R.)
Port:          Prigorodnoye Export Terminal
Bids Due:      May 22, 6 p.m. Sakhalin time
Validity:      May 23, 10 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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