Bloomberg News

Pertamina Issues Tender to Buy Crude for November Delivery

August 29, 2012

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

The tender will close at 11 a.m. Singapore time tomorrow and offers are valid until 5 p.m. on Aug. 31.

Pertamina bought 950,000 barrels of Libyan Es Sharara and 600,000 barrels of Mellitah crudes earlier this month for delivery in October from Emirates National Oil Co., known as ENOC, according to two people familiar with the deal.

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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