Bloomberg News

Formosa Petrochemical Offers Second Jet-Fuel Cargo in August

July 10, 2012

Formosa Petrochemical Corp. (6505) offered to sell its second August-loading cargo of jet fuel, according to a company official.

Taiwan’s only publicly traded oil refiner sold 300,000 barrels for Aug. 1 to Aug. 5 loading at a premium of 5 cents a barrel to benchmark quotes on July 4, the official said, asking not to be identified because of internal rules.

Details of the latest offer are as follow:

Product:  Jet fuel, A-1 grade
Quantity: 300,000 barrels
Loading:  Aug. 13 to Aug. 17
Port:     Mailiao, Taiwan
Bids due: July 11

To contact the reporter on this story: Yee Kai Pin in Singapore at

To contact the editor responsible for this story: Alexander Kwiatkowski at

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