PSO seeks 500,000 tonnes of gasoline for December-January

The State Oil Company (PSO) is seeking 500,000 tonnes of gasoline for delivery over December and January, official sources said on Tuesday. In the first tender, the company is seeking four cargoes of 55,000 tonnes each of 92-octane gasoline for delivery into Kaemari, Karachi in December, and four similar-sized cargoes for delivery in January.
In the second tender, PSO is seeking two 30,000-tonne cargoes of 95-octane gasoline for delivery in December and January. Both tenders close on October 29 with offers to remain valid until November 10. Pakistan is moving towards 92-octane gasoline from November and is phasing out imports of 87-octane gasoline, in line with a global shift toward cleaner fuels.