Bloomberg News

Pertamina Issues Tender to Buy Low-Sulfur Crude Oil for October

August 01, 2012

PT Pertamina, Indonesia’s state-owned oil company, is seeking to buy low-sulfur crude for delivery in October, a tender document obtained by Bloomberg News showed.

The company requests cargoes for delivery on Oct. 5 to Oct. 10 to Cilacap, or on Oct. 1 to Oct. 6 to Balikpapan. The tender closed at 3 p.m. Singapore time today and offers are valid until 5 p.m. tomorrow.

Pertamina last week bought 950,000 barrels each of Nigerian Akpo and Libyan Es Sharara grades delivery in October from Cnooc Ltd. (883) through a tender.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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