Asian fuel oil

28 Dec, 2007

India's Hindustan Petroleum Corp Ltd (HPCL) has sold via tender 25,000-30,000 tonnes of January-loading fuel oil to Emirates National Oil Co (ENOC) at an undisclosed price, traders said on Thursday. The 380-centistoke (cst) cargo, of 4.0 percent sulphur and 0.998 density, is for loading on January 14-16 from its Vizag terminal, on a free-on-board (FOB) basis.
HPCL last sold a similar lot, for December 15-17 loading from Vizag at a discount of $20-21 a tonne to Singapore spot quotes, on an FOB basis.

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