Aramco Trading sells 10 million bbls Khafji crude to Asian refiners, sources say
Aramco Trading concluded a tender for 10 million barrels of Khafji crude, attracting interest from Asian refiners. South Korea's GS Caltex and China's Shenghong Petrochemical each purchased 2 million barrels through this tender. Additionally, Indi...
Following are some details of the tender result:
* South Korea's GS Caltex and China's Shenghong Petrochemical each bought 2 million barrels.
* India's Hindustan Petroleum Corp Ltd, Indian Oil Corp and Reliance each bought 2 million barrels.
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* The oil is for loading via ship-to-ship transfers at Fujairah in late October to November. Some of the deals were concluded at a discount of $8 per barrel to November Dubai benchmark.
* The companies typically do not comment on their commercial trades.
* This is the third tender by Aramco Trading for the Khafji crude in about two weeks time. The previous two tenders were awarded to China and India.
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