Sri Lanka’s Ceypetco seeks 310,000 bbls gasoil, gasoline
SINGAPORE, Aug 13 (Reuters) – Sri Lanka’s Ceylon Petroleum Corp (Ceypetco) is seeking 310,000 barrels of gasoil and gasoline for prompt delivery in August, traders said on Monday. Ceypetco is seeking a combined cargo of 30,000 barrels of 0.25 percent sulphur gasoil and 280,000 barrels of 90-octane gasoline for delivery into Muthurajawela and Dolphin Pier in Colombo.
The cargo is for delivery on August 25 in a tender that closes on August 14, with 72-hours validity. It is likely a replacement cargo that initially was supposed to be supplied by oil trader Vitol earlier this month, traders said, though this could not immediately be confirmed. Vitol had won an earlier tender to supply 70,000 barrels of 0.25 percent sulphur gasoil and 240,000 barrels of 90-octane gasoline for delivery on August 21.
But Ceypetco earlier this month took Vitol, the world’s largest oil trading firm, off its supplier list, alleging diesel supplied by the firm had damaged vehicles. Vitol rejected the allegation and said the cargo in question was tested in accordance with international standards by Ceypetco inspectors before it was discharged.
Latest Headlines in Sri Lanka
- Sri Lanka President’s robust economic development program leads to 62.1% drop in inflation – Minister September 22, 2023
- Sri Lanka President address at the UNGA highlighting Sri Lanka’s journey to rebuild trust and global solidarity September 22, 2023
- Hearing of Danushka Gunathilaka’s case concludes, verdict to be delivered next week September 21, 2023
- IMF chief Kristalina and Sri Lanka President Ranil discuss ongoing reforms and debt restructuring efforts September 21, 2023
- Two killed, two injured in shooting at Avissawella September 21, 2023