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KPC offers to sell 380-cst parcel for August |
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Wednesday, 10 August 2011 23:00 |
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Kuwait: Kuwait Petroleum Corporation, the state-owned oil company, has offered to sell 80,000 tonnes of 380-cst parcel for August 14-15 lifting on a free-on-board 15 basis, Reuters has reported. The parcel offered by KPC for August 14-lifting on a free-on-board (FOB) basis, is expected to be sold to Middle East trader Bakri at premiums substantially higher than its last deal. The last deal was for a July 12-13 lifting lot that was done at a
premium of $10.00-$11.00 a tonne to Middle East spot quotes, FOB. [AMEInfo.com] Read more:
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