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PV Oil Seeks to Buy Fuel Oil Cargoes for Production Tankers

PV Oil Corp., a unit of state-owned Vietnam Oil & Gas Group or PetroVietnam, is seeking to buy 16,500 cubic meters of fuel oil for September delivery, according to a tender document obtained by Bloomberg News.

The supplies are for four tankers used as floating production facilities offshore of Vung Tau, belonging to the Vietsovpetro joint venture, the document showed. Details are as follow:

Product:     Fuel oil, 180-centistoke, maximum 3 percent sulfur
Delivery:    Sept. 15 to Sept. 20
Offers due:  Aug. 16, 10:30 a.m. local time
Validity:    Aug. 21, 7 p.m. local time
Quantity:    5,800 cubic meters
Destination: FSO Chi Linh at Rong oilfield
Quantity:    3,500 cubic meters
Destination: FSO Bavi at Rong oilfield
Quantity:    3,200 cubic meters
Destination: FSO Vietsovpetro 02 at Bach Ho oilfield
Quantity:    4,000 cubic meters
Destination: FSO Vietsovpetro 01 at Bach Ho oilfield

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