Qatar Petroleum sells 2 condensate cargoes to S. Korea

Mubasher: Qatar Petroleum (QP) has sold two cargoes of condensate loading in July to South Korean buyers through immediate bids, sources familiar with the matter said.

The state-owned petroleum company sold a 1-million barrel cargo of deodorised field condensate (DFC) to Hyundai Oilbank at up to $4.50 per barrel (pb), above Dubai’s quotes, the sources told Reuters.

QP also sold a 1-million barrel cargo of low sulphur condensate (LSC) to Hanwha Total at a price ranging between $3.50 pb and $3.75 pb.

Mubasher Contribution Time: 17-May-2018 10:05 (GMT)
Mubasher Last Update Time: 17-May-2018 20:09 (GMT)