Sold first cargo of 0.5% sulphur bunker fuel with viscosity of around 120 cSt; volume and delivery date unconfirmed.
The first contract month to trade is December 2019, with a total of 12 consecutive monthly contracts listed.
‘We owe this success to the excellent partnership with our longstanding clients and key maritime stakeholders,’ says MD.
Total bunker sales were 528,572 mt in August 2019, compared to sales of 348,664 mt during August 2018.
Bunkers sold at the port totalled 35.15 million mt from January to September 2019, 6.2% down on year.
New business to develop international sales and logistics network for Gazprom Neft marine lubricants.
Xie Wenyan continues role as the Chief Executive Officer of Brightoil’s upstream business, states company.
‘We are planning an official announcement of this milestone development soon,’ confirms source.
Volgograd refinery of Lukoil plans to produce about 1 million mt of 0.5% sulphur limit fuel oil per year.
Petral imports crude oil for domestic needs, while PIMD is a trading arm for sales to international market.
