EGPC Launched Diesel Tenders

EGPC Launched Diesel Tenders

The Egyptian General Petroleum Corporation (EGPC) has launched two oil tenders to import 1.012m tons of diesel to be received in February and March 2017, reported Al Borsa.

EGPC eyes purchasing 11 cargos of diesel which vary between 34,000 tons and 36,000 tons with 0.1% of sulfur to be delivered to Suez Port. It further aims to buy 4 cargos  between 45,000 tons and 55,000 tons with 0.5% sulfur to be received through Ain Shokhna. Moreover, EGPC launched a tender to buy 12 cargos of diesel  between 30,000 tons and 33,000 tons with 0.1% sulfur to be receives through Alexandria.

The two tenders will be closed on January 10, and the offers will be received until mid January.

In related news, a source with EGPC had stated to Egypt Oil&Gas that the corporation was launching a tender to receive 700,000 tons of benzene, diesel and mazut to be paid in US dollars in order to compensate for the non-received Aramco shipments and to cover citizens’ demands of petroleum derivatives.

EGPC had decided to launch tenders to buy derivatives until March 2017. The tenders will cover import volumes that were received from Saudi Aramco. EGPC would import 500,000 tons of butane every month to cover local demand.

Sarah Samir 2534 Posts

Sarah has been writing in the oil and gas field for more than a year. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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