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Vietnam’s PV Oil Offers to Sell Dai Hung Cargo for August

PV Oil Corp., Vietnam’s state-run oil-marketing company, offered to sell as much as 500,000 barrels of Dai Hung crude for loading Aug. 1 to Aug. 13, according to a tender document obtained by Bloomberg News.

Details are as follows:

Crude:       Dai Hung (Vietnam)
Size:        300,000 to 500,000 barrels
Loading:     Aug. 1 to Aug. 13
Pricing:     Dated Brent
Basis:       Free-on-board (F.O.B.)
Close:       June 21, 2 p.m. Vietnam time
Valid:       June 25, 6 p.m.

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