Bloomberg News

Vietnam’s PV Oil Said to Buy Champion Crude for Dung Quat Plant

August 03, 2012

PV Oil Corp., Vietnam’s state-run oil-marketing company, bought 600,000 barrels of Brunei’s Champion crude for delivery in September to its Dung Quat refinery, said two people who participate in the market.

PV Oil bought the cargo from a trading company through a tender, the people said, asking not to be identified because the information is confidential.

Details are as follows:

------------------------------------------------------------
Crude:       Champion (Brunei)
Quantity:    600,000 barrels
Delivery:    Sept. 10 to Sept. 25
Port:        Dung Quat Refinery
Seller:      Unknown trading company
Buyer:       PV Oil
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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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