QP Sells three Cargoes of Crude Oil

QP Sells three Cargoes of Crude Oil

Qatar Petroleum (QP) has managed to sell three cargoes of March- loading al-Shaheen crude oil to Dubai quotes via a spot tender, according to Reuters.

The 500,000-barrel cargoes were sold in a premium range of .

50-$2.90 per barrel. The cargoes were offered to load over March 1-2, 19-21 and 26-30

It is worth mentioning that QP sold two cargoes of February-loading al-Shaheen crude at an average premium of $3.66 per barrel to Dubai quotes via a spot tender.

QP is a state-owned public corporation established by Emiri Decree Number 10 of the year 1974. It is responsible for all phases of Qatar’s oil and gas industry. The principal activities of QP, its subsidiaries and joint ventures are focused on exploration, production, local and international sale of crude oil, natural gas, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, liquefied natural gas (LNG), steel and aluminium.


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