Belgium’s Apetra Buys 55,000 Cubic Meters of Diesel for Reserves

Belgium’s Apetra, the agency that manages the nation’s strategic oil stockpiles, bought 55,000 cubic meters of diesel in a tender, covering its needs for the rest of the year, an official said.

The tender for about 46,000 metric tons for delivery from November to December was awarded last month, Alain de Mot, Apetra’s general manager, said by phone today from Brussels. He declined to disclose the price or seller.

The next tender to purchase products hasn’t been finalized and will be for deliveries next year, he said.

The agency bought 20,000 tons of diesel for last month and another 68,000 cubic meters for September and October in separate tenders.

To contact the reporter on this story: Lananh Nguyen in London at lnguyen35@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net