Qatar petroleum sells LSC to China's Unipec at $1/barrel

Mubasher: Qatar Petroleum (QP) has sold low-sulphur condensate (LSC) cargoes to China International United Petroleum & Chemicals Co. (Unipec), sources said on Wednesday.

The cargoes covered the period between April and September through a tender, according to Reuters.

“QP sold the cargoes at a premium of just above $1 a barrel to its formula,” the news agency reported.

 Unipec, the trading arm of Asia's largest oil refiner Sinopec, would lift 500,000 barrel-shipment per month.  

Mubasher Contribution Time: 07-Mar-2018 09:55 (GMT)
Mubasher Last Update Time: 07-Mar-2018 10:20 (GMT)