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Thailand IRPC Said to Seek Low-Sulfur Oil for February Delivery

IRPC Pcl, an oil refiner and petrochemical maker based in Thailand, is seeking to buy from 600,000 to 1 million barrels of low-sulfur, or sweet, crude for delivery during early February, according to two people who participate in the market.

The shipment is to the company’s 215,000 barrel-a-day plant in Rayong province, the people said, asking not to be identified because they aren’t authorized to speak to the media. The tender closes at noon today in Bangkok.

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