Vietnam’s PV Oil Said to Buy 600,000 Barrels of Champion Crude

PV Oil Corp., Vietnam’s state-run oil-marketing company, bought 600,000 barrels of Brunei’s Champion crude for delivery to its Dung Quat refinery from mid- October to mid-November, according to two people who participate in the market, asking not to be identified because they aren’t authorized to speak to the media.

The Vietnamese company bought the cargo from BP Plc, one of the people said.

Details are as follows:

------------------------------------------------------------
Crude:       Champion (Brunei)
Quantity:    600,000 barrels
Delivery:    Mid-October to Mid-November
Port:        Dung Quat Refinery
Seller:      BP
------------------------------------------------------------

To contact the reporter on this story: Ramsey Al-Rikabi in Singapore at ralrikabi@bloomberg.net

To contact the editor responsible for this story: Mike Anderson at manderson34@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.