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6505 — Formosa Petrochemical News Story

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Taiwan's Formosa Petchem offers 2025 gasoil term supplies, sources say

SINGAPORE, Nov 7 (Reuters) - Taiwan's Formosa
Petrochemical Corp (FPCC)  6505.TW  has started offering next
year's term supplies for 10ppm and 500ppm sulphur gasoil via a
sale tender that closes next Monday, three sources with
knowledge of the matter said on Thursday. 
    The refiner is seeking to sell at least one 750,000-barrel
of 10ppm sulphur gasoil cargo and one 300,000-barrel of 500ppm
sulphur gasoil cargo per month, they added. 
    Bids submitted have to be valid until next Friday. 

 (Reporting by Trixie Yap; Editing by Jacqueline Wong)
 ((trixie.yap@thomsonreuters.com;))

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