Thailand IRPC Said to Seek Low-Sulfur Oil for February Delivery

IRPC Pcl (IRPC), an oil refiner and petrochemical maker based in Thailand, is seeking to buy from 600,000 to 1 million barrels of low-sulfur, or sweet, crude for delivery during early February, according to two people who participate in the market.

The shipment is to the company’s 215,000 barrel-a-day plant in Rayong province, the people said, asking not to be identified because they aren’t authorized to speak to the media. The tender closes at noon today in Bangkok.

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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