Brazil's Petrobras tenders to buy 300,000-500,000 bbl ULSD cargo
HOUSTON, March 14 (Reuters) - A subsidiary of Brazilian state-run Petrobras launched a tender to buy one 300,000-500,000 barrel cargo of ultra low-sulfur diesel (ULSD), to be received on April 1-5 at a terminal in the Caribbean island of Saint Eustatius, an invitation seen by Reuters says.
In recent years, Petrobras has been using a terminal owned by U.S. oil firm NuStar Energy in Saint Eustatius as fuel storage facility. The Brazilian company last month bought a similar ULSD cargo on the open market, which was received last week.
The ULSD should contain a maximum of 10 parts per million sulfur and the vessel must have additional discharge option to up to two ports in Brazil within the range Sao Luis-Sao Sebastiao, the document says.
Petrobras will receive bids, indexed to U.S. Gulf Coast prices, until March 17. (Reporting By Marianna Parraga; Editing by Kristen Hays)
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