PV Oil Seeks to Purchase Fuel Oil Supply for March Delivery

PV Oil Corp. is seeking to buy 11,400 cubic meters of fuel oil for March 1 to March 5 delivery, according to a tender document sent to potential suppliers.

The company is a unit of state-owned Vietnam Oil & Gas Group, known as PetroVietnam. Details of the tender are as follow:

Product:    Fuel oil with 3 percent sulfur, 180 centistoke
Quantity:   11,400 cubic meters, or about 72,000 barrels
Terminus:   Floating storage vessels Chi Linh, Bavi and
Delivery:   March 1-5
Bid time:   Jan. 31, 11 a.m. to 14:30 p.m. local time
Validity:   Feb. 6, 7 p.m. local time
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