UPDATE 1-ADNOC to export first cargoes from expanded Ruwais refinery in March

jueves 5 de marzo de 2015 03:50 GYT

* First diesel cargo to load late next week

* ADNOC sells first jet fuel cargo and discussing sale of second diesel cargo

* Ruwais refinery running at 50-60 percent capacity

* First gasoline cargo could be exported in April (Adds details)

By Jessica Jaganathan

SINGAPORE, March 5 (Reuters) - State-owned Abu Dhabi National Oil Co (ADNOC) will export its first diesel and jet fuel cargoes from the newly expanded Ruwais refinery in March, adding to a supply glut facing Asia and the Middle East, traders said on Thursday.

The company has sold its first diesel cargo to be loaded from Ruwais between March 12 and March 14 and its first jet fuel cargo to be loaded between March 21 to 23, the traders said.

The diesel cargo was likely sold to Brazil's Petrobras and the jet fuel cargo to French oil major Total , they said, though this could not immediately be confirmed.

ADNOC is currently in talks to sell a second diesel cargo to be loaded over March 22 to 24, and is expected to slowly ramp up overall exports once production is stable, they added.   Continuación...