Malaysia’s Petronas Said to Offer Tapis Crude for March Loading

Petroliam Nasional Bhd. (PET), Malaysia’s state oil company, offered to sell 600,000 barrels of Tapis crude for loading in March, said two traders who participate in the market, declining not to be identified because the information is confidential.

Details of the offers are as follows:

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Crude:         Tapis (Malaysia)
Quantity:      600,000 barrels
Loading:       March 5-14
Pricing:       Dated Brent
Bids due:      Jan. 18, noon Kuala Lumpur time
Validity:      Jan. 18, 6 p.m.
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To contact the reporter on this story: Ramsey Al-Rikabi in Singapore at ralrikabi@bloomberg.net

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

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