Taiwan Formosa offers 3.6 M bbls of gasoil, jet fuel for 2019
05/11/2018 09:37
SINGAPORE, Nov 5 (Reuters) -
* Taiwan's Formosa Petrochemical Corp 6505.TW is looking
to sell
a total of 3.6 million barrels of gasoil and jet fuel for 2019
loading from Mailiao, trade sources said on Monday.
* The total volumes comprise of four 300,000-barrel cargoes
for
each product namely 500 ppm gasoil, 10 ppm gasoil and jet fuel.
* One 300,000-barrel cargo for each product will be shipped
every
quarter in 2019.
* The cargoes will be sold through tenders which will close
on
Nov. 7, with bids to stay valid until Nov. 16.
* The refiner has existing 12-month contracts with middle
distillates buyers which expire in December 2018.
(Reporting by Jessica Jaganathan; Writing by Seng Li Peng;
Editing by Rashmi Aich)
((lipeng.seng@thomsonreuters.com; +65 6870 3086; Reuters
Messaging: lipeng.seng.thomsonreuters.com@reuters.net))