February 11, 2019 / 4:02 PM / 5 months ago

Rosneft awards jumbo tender to sell Urals and CPC Blend - sources

MOSCOW, Feb 11 (Reuters) - Russian oil firm Rosneft has awarded a jumbo tender to sell Urals and CPC Blend crudes loading from Russian ports in April-September to trading firms Glencore, Trafigura and China's CEFC, four trade sources told Reuters on Monday.

Rosneft awarded Glencore with 1.2-7.2 million tonnes of Urals crude loading from Primorsk and Ust-Luga in April-September, they said.

The premium to the price formula paid for the lot was around 20 cents per barrel, slightly firmer than was offered by Total - the winner of the previous tender for Urals loading from Baltic ports in October 2018-March 2019.

Trafigura was awarded with 840,000 tonnnes-2.52 million tonnes of Urals loading in 140,000-tonne cargoes from the Black Sea's Novorossiisk and 480,000 tonnes-1.35 million tonnes of CPC Blend, traders said. The trading firm was also awarded the same lots in the previous tender.

China's CEFC won 480,000-960,000 tonnes of Urals in 80,000-tonne cargoes loading from Novorossiisk, also as in the previous tender, traders said. (Reporting by Olga Yagova; Editing by Mark Potter)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below