Qatar’s Tasweeq Offers Condensate Cargoes for Loading in July

Qatar International Petroleum Marketing Co., or Tasweeq, offered to sell deodorized field condensate and low-sulfur condensate for July loading from Ras Laffan, according to a company notice e-mailed to buyers.

Details of the offers are as follow:

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Product:      Deodorized field and low-sulfur condensate
Quantity:     Four 500,000-barrel cargoes of each grade
Loading:      July 1-8, July 8-15, July 15-22, July 22-30
Port:         Ras Laffan, Qatar
Offer close:  May 16, 1 p.m. Doha time
Validity:     May 19, 1 p.m. Doha time
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Condensate is a type of light crude oil produced in association with natural gas and is usually processed into fuel products such as diesel and naphtha, a raw material for gasoline and chemicals.

To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net