South Korea's GS Caltex offers June-loading gasoil - sources

Kitco Media
By Reuters
Published:
Updated:
Reuters
SINGAPORE, May 16 (Reuters) - South Korea's GS Caltex has issued a tender to sell five cargoes of June-loading gasoil, three sources with knowledge of the matter said on Tuesday.


The refiner is looking to sell three cargoes of 10 ppm sulphur gasoil loading on June 14-16, June 24-26 and June 28-30; one cargo of 50 ppm sulphur gasoil for June 22-26 loading and one cargo of 500 ppm sulphur gasoil for June 6-10 loading.


The tender closes on May 17 with same-day validity. The issuance is slightly later than expected as sellers were awaiting clearer supply direction from China following the release of export quotas late last week, one of the sources said. The refiner offered three jet fuel cargoes via a separate tender a week earlier, but the results of that tender could not yet be confirmed.


GS Caltex typically does not comment on the details and status of their sale tenders.
(Reporting by Trixie Yap; Editing by Jacqueline Wong)

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