World
 
|
Petroperu tenders to sell higher sulfur content fuel cargo:trade
PLATTS
HOUSTON
Petroleumworld.com 08 25 06
Peruvian state oil company Petroperu tendered to sell a 220,000 barrel
cargo of fuel oil that has higher sulfur content than what Peru regularly
produces, a market source said Thursday.Petroperu is offering potential bidders the option of loading a No.6 fuel
oil with 1.9% sulfur or a heavy fuel oil with 2% sulfur, the source said.The sulfur content in the offered fuel oil is higher than the 1.6%-1.7%
sulfur fuel oil that Petroperu normally exports, the source added. The source
said the fuel oil has higher sulfur because it will be made using Venezuelan
Lago Treco crude, which was bought by the state oil company recently.Peru will accept offers on Monday, August 28 and an award is expected the
following day, the source said. The cargo is being offered for loading
September 20-25.Petroperu normally buys Ecuadorean Oriente crude to process in its
refineries but in early August it bought a 400,000 barrel Lago Treco cargo
that is set to arrive to Peru between Sep 5-8.Before that crude purchase was reported, some sources had said that
Venezuela had Lago Treco available to offer as a result of reduced running
rates at the Amuay refinery following a fire in July.--Renzo Pipoli, renzo_pipoli@platts.com
Platts 24 08 06
Copyright ©2006 Platts. All Rights Reserved.
Your
feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com
Any
question or suggestions, please write to:
editor@petroleumworld.com
Best
Viewed with IE
5.01+
Windows
NT 4.0, '95, '98 and ME +/ 800x600 pixels