Bloomberg News

ONGC Offers 700,000 Barrels of November Sokol Crude in Tender

August 29, 2012

ONGC Videsh Ltd. is offering to sell 700,000 barrels of Russian Sokol crude for loading in November, according to a tender document obtained by Bloomberg News.

The company is a wholly owned unit of Oil & Natural Gas Corp., India’s largest explorer. Details of the offer are as follow:

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Crude:        Sokol
Quantity:     700,000 barrels
Loading:      Nov. 16 to Nov. 19
Port:         DeKastri Terminal, Russia’s Far East
Bids open:    Sept. 3, 9:30 a.m. New Delhi time
Bid validity: Sept. 4, 6:30 p.m. New Delhi time
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To contact the reporter on this story: Pratish Narayanan in Mumbai at pnarayanan9@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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