Qatar Petroleum sells 4 condensate cargos for August delivery at lower premiums

Mubasher: Qatar Petroleum (QP) has sold four cargoes of condensate, for loading and delivery in August, at lower premiums compared to the previous month, Reuters reported on Thursday, citing informed sources as saying.

QP sold two cargoes of deodorised field condensate at $3.50 to $4 per barrel above Dubai quotes, down from premiums of about $4.50 a barrel in the previous month, they said

The state-owned petroleum company sold two cargos at a premium ranging between $3.50 per barrel (pb) and $4 pb above Dubai quotes, according to Reuters. These premiums are lower than those of $4.50 pb registered in the previous month, the sources revealed.

QP also sold two cargos of low sulphur condensate (LSC) at a premium ranging between $2.50 pb and $3 pb.

The sales were made to South Korean companies, the sources added.

Mubasher Contribution Time: 14-Jun-2018 12:27 (GMT)
Mubasher Last Update Time: 14-Jun-2018 12:41 (GMT)

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