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Petrolimex cuts third-quarter fuel demand
03/Jul/2009 Intellasia | Bloomberg
3 Jul, 2009 - 7:00:00 AM
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Vietnam National Petroleum Corp., or Petrolimex, is seeking as much as 456,000 metric tons of oil products for delivery in July to September, a 9.6 percent drop from the previous quarter.
The state-owned company, which handles the bulk of Vietnam’s product imports, is inviting offers for gasoline, diesel, kerosene and fuel oil in a tender closing July 6, according to an official document received by Bloomberg. Offers are to stay valid until July 10.
For the second quarter, the Hanoi-based company requested as much as 504,500 tons. It will be importing less as output from Dung Quat, Vietnam’s first refinery, rises progressively, said a trader in Ho Chi Minh City.
The $2.5 billion facility, which started commercial operations Feb. 22, is scheduled to reach its full 6.5 million ton-a-year capacity in October. It’s expected to meet about a third of Vietnam’s fuel requirements by next year.
----------------------------------------------------------------
Product: 92-RON Gasoline
Quantity: 30,000 tons
Loading: Aug. 21-25
Port: FOB Taiwan, Korea, South China or Singapore
----------------------------------------------------------------
Product: 95-RON Gasoline
Quantity: 10,000 tons
Loading: July 16-26
Port: FOB Taiwan, Korea, South China or Singapore
----------------------------------------------------------------
Product: 95-RON Gasoline
Quantity: 10,000 tons
Loading: Aug. 10-20
Port: FOB Taiwan, Korea, South China or Singapore
or CFR Hon Gai
----------------------------------------------------------------
Product: 95-RON co-loaded with 92-RON Gasoline
Quantity: 2 X 12,000 tons and 2 X 10,000 tons
Loading: Aug. 6-16 and Aug. 28-Sept. 6
Port: FOB Singapore, Taiwan or South China
----------------------------------------------------------------
Product: Gasoil with 0.25 percent sulfur
Quantity: 10,000 tons
Loading: July 28-Aug. 3
Port: FOB Singapore
----------------------------------------------------------------
Product: Gasoil with 0.25 percent sulfur
Quantity: 26,000 tons
Loading: Aug. 14-20
Port: FOB Singapore, Taiwan, Thailand or South China
----------------------------------------------------------------
Product: Gasoil with 0.25 percent sulfur
Quantity: 17,000 tons
Loading: Aug. 17-23
Port: FOB Singapore, Taiwan, Thailand or South China
----------------------------------------------------------------
Product: Gasoil with 0.25 percent sulfur
Quantity: 10,000 tons
Loading: Aug. 26-Sept. 1
Port: FOB Singapore
----------------------------------------------------------------
Product: Gasoil with 0.25 percent sulfur
Quantity: 17,000 tons
Loading: Sept. 5-11
Port: FOB Singapore, Taiwan, Thailand or South China
----------------------------------------------------------------
Product: Gasoil with 0.05 percent sulfur
Quantity: 34,000 tons
Loading: July 26-Aug. 1
Port: FOB Singapore, Taiwan, Thailand, South China or Korea
----------------------------------------------------------------
Product: Gasoil with 0.05 percent sulfur
Quantity: 8,000 tons
Loading: Aug. 6-12
Port: FOB Singapore
----------------------------------------------------------------
Product: Gasoil with 0.05 percent sulfur
Quantity: 8,000 tons and 26,000 tons
Loading: Sept. 14-20 and Sept. 16-22
Port: FOB Singapore, Taiwan, Thailand or South China
----------------------------------------------------------------
Product: Kerosene
Quantity: 2 X 2,900-3,500 tons
Loading: July 29-Aug. 4 and Sept. 6-12
Port: FOB Singapore or Thailand
----------------------------------------------------------------
Product: Fuel oil, C-Spec
Quantity: 3 X 33,000 tons
Loading: July 27-Aug. 5, Aug. 26-Sept. 4, Sept. 27
----------------------------------------------------------------
Product: Fuel oil, C-Spec co-loaded with A-Spec
Quantity: 2 X 20,000 tons and 2 X 15,000 tons
Loading: Aug. 8-19 and Sept. 8-19
----------------------------------------------------------------
Product: Fuel oil, A-Spec
Quantity: 30,000 tons
Delivery: Aug. 30-Sept. 3
Port: CFR Ho Chi Minh City
----------------------------------------------------------------

http://www.bloomberg.com/apps/news?pid=20601072&sid=aRBhgN5q3FLQ





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