Pertamina issues September spot buy tender
Friday, June 28 2002 - 02:17 AM WIB
State-owned oil and gas company, Pertamina has issued a September spot buy tender for light, sweet crude, an official of Petral, a Pertamina trading unit, said Thursday.
Pertamina is expected to buy more than 3 million barrels of light, sweet crude
in September, compared with 2.95 million barrels purchased for August, as demand
has increased upon the completion of a scheduled refinery turnaround.
Pertamina's August crude purchases comprised mostly of African grades.
The tender closes July 8, and offers will be valid through July 10.(*)