Pluspetrol, Partners Offer 3 Natural Gasoline Cargoes

Posted by Michelle Howard October 6, 2015

Argentina's oil firm Pluspetrol and partners in Peru have launched a tender to sell three 300,000 barrel cargoes of natural gasoline for delivery from Oct. 14 to Nov. 6 at Pisco port, according to a document seen by Reuters on Tuesday.

The companies, including Spain's Repsol, Korea's SK Innovation, Argentina's Tecpetrol, Algeria's Sonatrach and U.S. Hunt Oil, last month sold three similar cargoes on the open market that will be delivered through October 16.

For this tender, they will receive offers until Oct. 8 and they must refer to naphtha prices at Northwest Europe or Japan. Bids indexed to natural gasoline prices from Mont Belvieu, Texas, will also be accepted.

(Reporting by Marianna Parraga)