Tue 7 Jul 2009 09:23

1.26 million tonne fuel oil tender announced


State oil firm seeks high and low sulphur cargoes for delivery between August and November.



Pakistan State Oil (PSO) has issued a tender to purchase 910,000 tonnes of high-sulphur fuel oil (HSFO) and 350,000 tonnes of low-sulphur fuel oil (LSFO) for delivery between August and November, Reuters reports.

Pakistan's leading oil marketer is said to be seeking supply bids for twelve 65,000-tonne cargoes of high sulphur fuel oil, with the option to buy a further two similar-sized cargoes, for delivery between the months of August and October.

Meanwhile, the low sulphur fuel oil requirement comprises a firm delivery of five 50,000-tonne cargoes with the option to buy an aditional two cargoes of the same size for delivery between September and November.

The tender is scheduled to close on July 15th.

Last month PSO issued a tender for the purchase of up to 520,000 metric tonnes of high sulphur fuel oil (HSFO) and 200,000 tonnes of low sulphur fuel oil (LSFO) between July and September.

The company was seeking supply bids for 390,000 tonnes of high sulphur fuel oil, with the option to buy an additional 130,000 tonnes. The product would be supplied in six batches of 65,000 tonnes with two further batches under optional delivery for the same amount.

As for low sulphur fuel, the requirement was for a firm delivery of 100,000 tonnes with the option to buy an aditional 100,000 tonnes.

The bidding was held in Karachi on July 1st.


South Africa flag illustration. Peninsula expands marine fuel operations to Algoa Bay  

Supplier partners with Linsen Nambi to launch bunkering services from October.

Palace of Westminster, London. UK government commits GBP 448m to maritime decarbonisation research programme  

UK SHORE funding aims to accelerate clean shipping technologies through 2030.

Header image for ABS 2025 Sustainability Outlook, Beyond the Horizon: Vision Meets Reality. ABS chief urges IMO to pause net zero framework over fuel availability concerns  

Christopher Wiernicki says LNG and biofuels are 'mission critical' to shipping decarbonisation success.

Quadrise production process — illustration. Quadrise appoints veteran Peter Borup as CEO to drive commercialisation  

Former Maersk executive to lead decarbonisation technology company from October 1.

HMS Bergbau logo. German commodities trader HMS Bergbau enters marine fuels market  

Company acquires experienced team to trade bunkers and lubricants globally.

Product tanker Artizen, owned by Hong Lam Marine. Hong Lam Marine takes delivery of Artizen tanker in Japan  

Singapore-based firm receives new vessel from Kegoya Shipyard.

Birdseye view of containership. Panama Canal launches NetZero Slot to incentivize low-emission transits  

New reservation category prioritizes dual-fuel vessels capable of using alternative fuels from November.

Van Oord's Vox Apolonia. Van Oord deploys bio-LNG dredger for Dutch coastal project  

First bio-LNG-powered trailing suction hopper dredger operation begins in the Netherlands.

Model testing for Green Handy methanol-powered vessel. Methanol-fuelled Green Handy ships pass model tests ahead of 2026 construction  

Baltic carrier reports model testing exceeded performance targets for 17,000 dwt methanol-powered vessels.

Miguel Hernandez and Olivier Icyk at AiP for FPSO. SBM Offshore's floating ammonia production design gets ABS approval  

Design converts offshore gas to ammonia while capturing CO2 for maritime and power sectors.





 Recommended