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Malaysia’s Petronas Said to Offer Labuan Crude for March Loading

Jan. 17 (Bloomberg) -- Petroliam Nasional Bhd., the Malaysian state oil company known as Petronas, offered to sell 600,000 barrels of Labuan crude for loading in March, said two traders who participate in the market, declining to be identified because the information is confidential.

Details of the offers are as follows:

Crude:         Labuan (Malaysia)
Quantity:      600,000 barrels
Pricing:       Dated Brent
Loading:       March 13-19
Port:          Labuan Crude Terminal
Bids due:      Jan. 18, noon Kuala Lumpur time
Validity:      Jan. 18, 6 p.m.

To contact the reporter on this story: Ramsey Al-Rikabi in Singapore at

To contact the editor responsible for this story: Alexander Kwiatkowski at

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