Brief: Ecuador awards fuel export deal
Ecuador's state oil company Petroecuador awarded PMI Trading a contract to export 1.71Mb of fuel oil no. 6 after the commodity trader presented a differential of -US$2.20/b.
Of 36 groups that were invited, Glencore, Trafigura, Vitol and Eni Trading & Shipping also submitted offers, said the NOC, which added that the first of nine shipments is scheduled to leave next month. The marker will be US Gulf Coast high sulfur fuel oil.
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News in: Oil & Gas (Ecuador)
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