Kuwait issues tender to sell light crude: report
Kuwait Industry sources told Zawya that KPC had issued the tender, which is for 500,000 barrels of crude to load on July 26 and 27.
The tender closed at 12:00 GMT on Wednesday. KPC has yet to comment publicly on the tender.
Sources said the crude is expected to have an API gravity of around 48 degrees. While Wednesday’s report names this as the first sale of pure Kuwait Super Light Crude, one source said same crude had been blended with Kuwait Export Blend and been exported to Japan earlier in the month.
Recent Posts
Petronas makes discovery off Suriname
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japan’s JERA slates $32 billion for LNG, renewables, new fuels
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron planning UK North Sea exit
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium wins yet more FPSO work in Guyana
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore seals $350-million Gulf of Mexico deal
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
ExxonMobil makes deepwater discovery off Angola
ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More