Qatar Petroleum sets lower premiums for June condensate cargoes

Mubasher: Qatar Petroleum has sold two condensate cargoes loading in June at lower premiums compared to a month earlier, trade sources said.

The state-owned petroleum company sold the first cargo of deodorised field condensate (DFC) to Hyundai Oilbank at $4.60 to $4.70 per barrel (pb), above Dubai’s prices.

On the other hand, the second cargo of a low-sulphur condensate (LSC) cargo was sold to Hanwha Total at $3.75 pb to $3.80 pb, sources told Reuters.

It is worth noting that LSC’s premium amounted between $4 pb and $4.5 pb in May.

Mubasher Contribution Time: 19-Apr-2018 14:31 (GMT)
Mubasher Last Update Time: 19-Apr-2018 14:42 (GMT)