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Bharat Petroleum Seeks Low-Sulfur February Crude in Tender

Dec. 13 (Bloomberg) -- Bharat Petroleum Corp., India’s second-largest state-run oil refiner, issued a tender seeking to buy low-sulfur crude for loading from Feb. 1 to Feb. 15, according to tender documents obtained by Bloomberg News.

Last month, the company bought 1 million barrels each of Nigerian Qua Iboe and Erha crude for January from Vitol Group.

Details of the Mumbai-based refiner’s requirements are:

-----------------------------------------------------------
Crude:               Low-sulfur
Loading:             Feb. 1 to Feb. 15
Price:               Free-on-board basis, Dated Brent related
Offers close:        Part 1 - Expression of interest: Dec. 19
                     Part 2 - Submission of offers: Dec. 20
Validity:            Dec. 21
-----------------------------------------------------------

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

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

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