Venezuela's PDVSA tenders to buy 250,000 bbl cargo of catalytic naphtha
HOUSTON, March 31 (Reuters) - Venezuela's state-run PDVSA is seeking to buy one 250,000 barrel cargo of catalytic naphtha to be received April 28-30 at any of its ports, according to an invitation seen by Reuters on Monday.
The company has ramped up fuel sales in recent weeks, after resuming exports of ultra low-sulfur diesel (ULSD) from its 187,000 barrel per day (bpd) Puerto la Cruz refinery in January and it has also increased sales of jet fuel.
But its main refinery -the 645,000 bpd Amuay- still has the 72,000 bpd flexicoker out of service for an unplanned maintenance that started this month.
The tender says PDVSA will receive offers for this cargo until April 1 and they must be indexed to unleaded gasoline from the U.S. Gulf Coast. Payment will be made through an open account 30 days after delivery of a bill of lading.
PDVSA plans to buy at least 54,000 bpd of diluted naphtha and cracked naphtha during April, mostly from its Isla refinery in Curacao, according to the company's export and import program for the coming month.
Even though it exports more than 1.9 million bpd of crude, Venezuela became a net fuel importer in 2012.
(Reporting by Marianna Parraga; Editing by Anna Driver)
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