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Fuel Oil Number News

15 Aug 2014

Recope Tenders to Buy Two Fuel Oil Cargos

Costa Rica's refining company Recope has launched a tender to buy two 90,000-100,000 barrel cargos of fuel oil for delivery from September to December at Port Caldera, according to a document seen by Reuters on Friday. Previously this month, Recope bought three 25,000 barrel cargoes of MTBE, a component to oxygenate gasoline. The company, which operates the 25,000 barrel per day (bpd) Puerto Limon refinery, supplies most fuel for the Costa Rican domestic market. For this offer, the company is requesting fuel oil with maximum 1.8 percent sulfur. It will accept bids until August 25 and they must refer to fuel oil number 6 prices from the U.S. Gulf Coast. (Reporting by Marianna Parraga; Editing by Anna Driver)

05 Aug 2014

Petroperu Seeks to Sell Fuel Oil Cargo

State-run Petroperu is offering to sell a 220,000 barrel cargo of fuel oil for delivery at Talara port on September 6 to 10, according to a tender document seen by Reuters on Tuesday. The oil company in July sold a similar cargo of fuel oil that will be loaded this week. It has also been actively buying crude and fuel cargoes on the open market in recent months. For this tender, the company is offering to deliver fuel oil with maximum 1.4 percent sulfur or heavy fuel oil with up to 1.5 percent sulfur. The product must be exported from Peru.

24 Feb 2014

Recope Tenders to Buy Three Fuel Oil Cargos

(Reuters) - Costa Rica's refining company Recope launched a tender to buy three 165,000 cargos of fuel oil to be received from mid-April to October at Port Moin, according to an invitation seen by Reuters on Monday. The state-run company has increased imports of fuels since 2013, while planning the upgrade of its 25,000 barrel per day (bpd) refinery in Moin, next to Port Limon in the Caribbean. In recent months, it awarded a contract to U.S. Valero Energy to import up to 14.25 million barrels of fuels during 2014 and it also bought on the open market 1.53 million barrels of liquified petroleum gas (LPG) and several cargos of MTBE, a component to oxygenate gasoline. The cargos being sought this time must contain fuel oil with 2.2 percent or 3 percent sulfur, the company said.