Qatar offers crude for July-August loading via tender, sources say

NEW DELHI/SINGAPORE: ​QatarEnergy has issued a tender to ​sell crude for July-to-August loading, likely its first since the U.S.-Iran conflict began, trade ‌sources ⁠said on Friday.

The ⁠producer is offering its al-Shaheen, Marine Qatar and Marine Land crude. Buyers can load or lift via ship-to-ship transfer between Fujairah and Sohar, according to a tender document seen by ⁠Reuters.

The tender ‌will close on ​June ​29.


The offer adds to ⁠rising supplies from Middle Eastern producers. Iraq's ​state oil marketer SOMO issued ​a tender on Thursday offering to sell Basra Heavy and Basra Medium oil in July.

Earlier, Kuwait Petroleum Corp offered July-loading crude in a ‌tender while Abu Dhabi National Oil Co has sold ​at ​least 48 million ⁠barrels of crude via three tenders this month.

Earlier this week, Taiwan's Formosa bought ​two million barrels of Qatari al-Shaheen crude.