Noble was awarded tender to sell 5 naphtha cargoes to Petroecuador

jueves 7 de agosto de 2014 17:38 GYT
 

HOUSTON Aug 7 (Reuters) - Singapore-listed firm Noble Group was awarded on Thursday with a tender to provide five 240,000 barrel cargoes of naphtha RON 87 to state-run oil company Petroecuador, a trader close to the transaction told Reuters.

Petroecuador last month offered to buy up to 16 naphtha cargoes with different qualities for delivery starting in August and last week it launched another tender to buy asphalt cement on the open market, while its 100,000 barrel per day (bpd) Esmeraldas refinery undergoes a major overhaul.

The Ecuadorian company this time agreed to pay 2.52 dollars per barril over the price of unleaded gasoline 87 at the U.S. Gulf Coast, the trader added. The first cargo must be received on August 25-27 at the ports of Esmeraldas, La Libertad or Punta Arenas in Ecuador and the following ones should be unloaded once a month.

Oil and trading companies Delaney, Arkham, Petrochina, Lukoil and Citizens Energy also delivered bids for this tender.

Petroecuador awarded in May to Noble and Arkham two tenders to buy up to 22 240,000-barrel cargoes of high-octane naphtha . (Reporting by Marianna Parraga; Editing by Terry Wade)