Bloomberg News

PV Oil Said to Offer 500,000 Barrels of Ruby Crude for October

August 21, 2012

PV Oil Co., Vietnam’s state-owned oil-marketing company, is said to be offering two 250,000 barrel cargoes of Ruby crude for loading in October, said two traders who participate in the market, asking not to be identified because they aren’t authorized to speak to the media.

The details of the offers are as follows:

-----------------------------------------------------------
Crude:       Ruby (Vietnam)
Quantity:    2 x 250,000 barrels
Loading:     Oct. 10 to Oct. 16
             Oct. 24 to Oct. 30
Pricing:     Dated Brent
Bids due:    Aug. 23, 9 a.m. Vietnam time
Validity:    Aug. 24, 6 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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