Wednesday, October 9, 2024

Sources say that Indonesia's Pertamina is looking for up to 1.1 million bbls Oct gasoil with high sulphur content.

September 25, 2024

Three trade sources on Wednesday said that Indonesia's Pertamina was seeking up to 1.1 millions barrels of gasoil with a sulphur content of 2500ppm for delivery in October's first half. They added that this could be because of refinery production issues.

The state-owned firm wants to load up to two 200,000 barrels of cargo from Singapore or Malaysia between Sept. 28 and Oct. 6. It also wants to deliver a 300,000 to 500,000 barrel cargo to Tuban, on Oct. 3 to 5, as well as a 300,000 to 500,000-barrel shipment to Balikpapan, on Oct. 5 to 7, via its trading division.

The refiner also wants to receive a third shipment of up to 300,000-200,000 barrels to be delivered to Tuban or Pulau Lat between Oct. 8-11.

Two sources said that the increased interest in spot purchases, as compared to the lack of tenders for September cargoes could be attributed to production problems at one of their diesel producing units.

Records showed that the energy major did not request any 2,500ppm gasoil for September delivery. It only requested 50ppm gasoil.

Pertamina didn't immediately respond to a comment request. (Reporting and editing by Louise Heavens; Additional reporting by Fransiska Naangoy)

(source: Reuters)

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