Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

TNK-BP Said to Sell July ESPO to Trafigura at $4-$4.30 Premium

Don't Miss Out —
Follow us on:

June 13 (Bloomberg) -- TNK-BP, the Russian oil producer part-owned by BP Plc, sold a cargo of East Siberia Pacific Ocean crude loading in July to Trafigura Beheer BV, said four traders who participate in the market, declining to be identified because the information is confidential.

Trafigura paid a premium of $4 to $4.30 a barrel above the benchmark price of Dubai oil, according to the traders.

Details of the deal are as follows:

-------------------------------------------------------------
Crude:        ESPO (Russia)
Price:        Premium of $4 to $4.30 a barrel to Platts Dubai
Loading:      July 22 to July 25
Buyer:        Trafigura
Seller:       TNK-BP
Quantity:     100,000 tons (730,000 barrels)
Port:         Kozmino Terminal, Russia’s Far East
-------------------------------------------------------------

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.