Dominican Republic's power company seeks 2.1 mln bbls of fuel oil

martes 13 de mayo de 2014 13:36 GYT
 

HOUSTON May 13 (Reuters) - Dominican Republic's electricity company EGE Haina launched a tender to buy 2.1 million barrels of fuel oil to be received in the coming eight months, according to an invitation seen by Reuters on Tuesday.

Dominican Republic's refining company Refidomsa supplies most of the fuels demanded by the domestic market, but several companies working in the Caribbean island also tender to buy finished products.

EGE Haina said it will buy an initial volume of 2.1 million barrels of fuel oil number 6 and it can also agree with the seller to buy an additional volume of 400,000 barrels.

The cargoes, of 90,000-100,000 barrels each, must start to be unloaded at San Pedro de Macoris in July and deliveries will extend through February 2015.

The company will receive bids until May 21. Reference prices must be CIF and indexed to fuel oil number 6 with 3 percent sulfur from the U.S. Gulf Coast. (Reporting by Marianna Parraga)