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ONGC Issues Tender to Sell Russia’s Sokol Crude for August

June 7 (Bloomberg) -- ONGC Videsh Ltd., the overseas unit of India’s largest state-run explorer, issued a tender to sell 700,000 barrels of Russian Sokol crude for loading from Aug. 17 to Aug. 20, according to an offer document obtained by Bloomberg News.

Details of the tender are as follows:

-----------------------------------------------------------
Product:    Sokol crude (Russia)
Quantity:   700,000 barrels
Loading:    August 17-20
Port:       DeKastri Terminal, Sakhalin, Russia’s Far East
Bids close: June 13, 9:30 a.m. India time
Bids valid: June 14, 6:30 p.m. India time
-----------------------------------------------------------

To contact the reporters on this story: Pratish Narayanan in Mumbai at pnarayanan9@bloomberg.net; Lananh Nguyen in London at lnguyen35@bloomberg.net

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

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