Iran is expected to release its OSP in the coming days, as is Kuwait and Qatar, traders said. Despite that, offers for Qatari condensate have emerged.
CONDENSATE - QATAR: State-marketer Qatar Petroleum issued its monthly Deodorized Field Condensate (DFC) and Low Sulphur Field Condensate (LSC) tender for July-loading cargoes on Sunday. The tender closes on May 16.
The Qatari firm also issued a term tender for DFC supplies loading between July 2017 and June 2018. A 500,000-barrel cargo of the Qatari condensate is on offer per month. No LSC was offered in the term tender that also closes on May 16.