Recope Tenders to Buy Two Fuel Oil Cargos

Posted by Michelle Howard
Friday, August 15, 2014

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)

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