Jamaica's Petrojam tenders to buy two cargoes combining gasoline, diesel and jet fuel
HOUSTON, June 24 (Reuters) - Jamaica's refining company Petrojam launched a tender to buy two 200,000-240,000 barrel cargoes combining gasoline, high-sulfur diesel (HSD) and jet fuel to be received in July at Kingston, according to a document seen by Reuters on Tuesday.
Petrojam, which owns with Venezuela's PDVSA the 35,000 barrel per day (bpd) Kingston refinery, produces most of fuels demanded by Jamaican domestic market, but it also frequently tenders to buy finished fuels on the open market.
The first cargo, to be received on July 10-12, must contain 20,000 barrels of 90-octane gasoline, 50,000 barrels of 88-octane gasoline, 40,000 barrels of jet fuel and 120,000 barrels of HSD.
The second one, for delivery on July 23-25, must contain 50,000 barrels of 84-octane gasoline, 50,000 barrels of 88-octane gasoline, 30,000-50,000 barrels of jet fuel and 70,000-90,000 barrels of HSD.
Bids will be received until June 30 and they must be indexed to unleaded gasoline 87, jet 54 and gasoil number 2 prices from the U.S. Gulf Coast. Respondents may offer to supply only one or both cargoes, the invitation says.
Petrojam in April bought on the open market a 50,000 barrel cargo of ultra low-sulfur diesel (ULSD), which was received last month at Port Bustamante. (Reporting by Marianna Parraga)
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