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    Home » Thailand’s PTT buys Agbami crude cargo for early Oct arrival-sources

    Thailand’s PTT buys Agbami crude cargo for early Oct arrival-sources

    July 31, 2019
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    The Chevron-operated Agbami FPSO

    Singapore — Thailand’s state oil company PTT has bought one cargo of Nigerian Agbami crude on behalf of Thai refiner IRPC via a tender awarded last week, two trade sources said on Wednesday

    * The cargo was bought at a premium of around $3 a barrel to dated Brent on a delivered-ex-ship (DES) basis, said one of the sources

    * The cargo of less than 1 million barrels of crude will be delivered in early October, the source said

    * Details about the seller and prices were not immediately available

    * In May, PTT bought up to 1.8 million barrels of sweet crude to be delivered in July and August, most of which were Nigerian and U.S. crude.

    • Reuters

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