Pertamina Said to Buy Three Cargoes of West African Crude
By Sherry Su -
2011-11-17T14:55:53Z
PT Pertamina, Indonesia’s state- owned oil company, bought three cargoes of West African crude totaling as much as 3 million barrels for loading in December via a tender, according to three traders involved in the region’s market.
The company bought one cargo each of Angolan Nemba and Nigerian Akpo grades from Royal Dutch Shell Plc (RDSA), and one lot of Angolan Girassol blend from Repsol YPF SA (REP), said the people who declined to be identified because the information is confidential.
Details of the purchases are as follows:
--------------------------------------------------------------- Crude: Nemba, Angola Quantity: 950,000 barrels Loading: Dec. 12 to Dec. 13 Seller: Shell Price: Not disclosed ---------------------------------------------------------------- Crude: Akpo, Nigeria Quantity: 1 million barrels Loading: Dec. 8 to Dec. 9 Seller: Shell Price: Not disclosed ---------------------------------------------------------------- Crude: Girassol, Angola Quantity: 1 million barrels Loading: Dec. 30 to Dec. 31 Seller: Repsol Price: Not disclosed ----------------------------------------------------------------
To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net
To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net
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