Petrojam Offers to Buy Three Fuel Cargoes

Posted by Eric Haun
Monday, August 04, 2014

Jamaica's refining company Petrojam has launched tenders to buy two 140,000-205,000 barrel cargoes combining gasoline, jet fuel and high-sulfur diesel and a 150,000 barrel cargo of fuel oil, all of them to be received on August 20-29 at Kingston, according to documents seen by Reuters on Monday.

Petrojam produces most of fuels demanded by Jamaica's domestic market at its 35,000 barrel per day Kingston refinery shared with Venezuela's state-run PDVSA, but it also buys finished products and feedstock on the open market.

The first cargo should arrive on August 20-22 containing 50,000 barrels of 84-octane gasoline, 50,000 barrels of 88-octane gasoline and 40,000 barrels of jet fuel.

The second cargo, scheduled to be unloaded on August 27-29, should include 50,000 barrels of 84-octane gasoline, 30,000 barrels of 88-octane gasoline, 35,000 barrels of jet fuel and 90,000 barrels of high-sulfur diesel (HSD).

The last one, only containing fuel oil IFO380, will be unloaded on August 25-29 at the same port.

The company will receive bids until August 7 for the combined cargoes and until August 11 for the fuel oil cargo. Prices must be indexed to unleaded gasoline 87, jet 54, gasoil number 2 and heavy fuel oil from the U.S. Gulf Coast.

(Reporting by Marianna Parraga)

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

Energy

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

South China Sea Hotline in the Works

China and Southeast Asian nations have agreed to set up a foreign ministers' hotline to tackle emergencies in the disputed South China Sea, a senior official of

News

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

DHS, Postal Service to Dedicate USCG Forever Stamp

U.S. Department of Homeland Security (DHS) and Postal Service leaders are scheduled to dedicate the United States Coast Guard Forever stamp during a ceremony Tuesday at Coast Guard Headquarters.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1950 sec (5 req/sec)