News

Mangalore Refinery Offers Diesel, Jet Fuel, Naphtha for August

July 8, 2012:

Mangalore Refinery & Petrochemicals Ltd. (MRPL), a unit of India’s largest explorer, offered to sell cargoes of diesel, jet fuel, naphtha, gasoline and fuel oil for loading in August from New Mangalore, on the west coast of India, according to tender documents obtained by Bloomberg News. Bids on each of the five cargoes are due by 9:30 a.m. India time on July 12 and are valid until 6:30 p.m. the next day.

Details of the tenders are as follows:

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Product:    Diesel, 0.5 percent sulfur

Quantity:   40,000 metric tons

Loading:    Aug. 1 to Aug. 3

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Product:    Jet fuel

Quantity:   36,000 tons

Loading:    Aug. 3 to Aug. 5

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Product:    Gasoline, 92 RON

Quantity:   25,000 tons

Loading:    Aug. 5 to Aug. 7

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Product:    Naphtha

Quantity:   35,000 tons

Loading:    Aug. 8 to Aug. 10

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Product:    Fuel oil, high-sulfur, 380-centistoke

Quantity:   80,000 metric tons

Loading:    Aug. 12-14

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Port:       New Mangalore, west coast of India

Close:      July 12, 9:30 a.m. India time

Validity:   July 13, 6:30 p.m.

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By Bloomberg