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PV Oil Said to Seek 1.2 Million Barrels of Low-Sulfur Crude

PV Oil Corp., Vietnam’s state-run oil-marketing company, is seeking to buy as many as two 600,000 barrel cargoes of low-sulfur crude for delivery at its Dung Quat refinery from mid-October to mid-November, according to two people who participate in the market, asking not to be identified because they aren’t authorized to speak to the media.

Details are as follows:

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Crude: Low-sulfur grades
Quantity: As many as two 600,000 barrel cargoes
Delivery: Mid-October to Mid-November
Port: Dung Quat Refinery
Close: Sept. 11, 3 p.m. Vietnam time
Validity: Sept. 14, 7 p.m.
 

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