ONGC Offers 700,000 Barrels of November Sokol Crude in Tender

ONGC Videsh Ltd. is offering to sell 700,000 barrels of Russian Sokol crude for loading in November, according to a tender document obtained by Bloomberg News.

The company is a wholly owned unit of Oil & Natural Gas Corp., India’s largest explorer. Details of the offer are as follow:

-----------------------------------------------------------
Crude:        Sokol
Quantity:     700,000 barrels
Loading:      Nov. 16 to Nov. 19
Port:         DeKastri Terminal, Russia’s Far East
Bids open:    Sept. 3, 9:30 a.m. New Delhi time
Bid validity: Sept. 4, 6:30 p.m. New Delhi time
-----------------------------------------------------------

To contact the reporter on this story: Pratish Narayanan in Mumbai at pnarayanan9@bloomberg.net

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.