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Asia Gasoline/Gasoil-Saigon Petro buys 30,000T for Oct

Vietnam's Saigon Petro has secured a total of 30,000 tonnes of gasoline and gasoil for October delivery following plant trouble which disrupted supplies, traders said on Friday.

It bought 10,000 tonnes of 95-octane gasoline for prompt Oct. 18-22 lifting from Singapore at premiums of $3.50-$4.00 a barrel to Singapore quotes on a free-on-board (FOB) basis.
 
It bought another 10,000 tonnes of the same grade for Oct. 26-30 loading from Singapore at premiums of about $2.00-$2.20 a barrel to the same price formula.
 
It has also purchased a 10,000-tonne gasoil cargo with 0.25 percent of sulphur content for Oct. 25-27 loading from Singapore at premiums of 45-50 cents a barrel to Singapore quotes on a FOB basis.
 
The 135,000-barrels-per-day Dung Quat refinery was shut around mid-week and it could stay offline for two weeks.
 
Source: (Reuters)

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