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Dominican Republic offers to buy 1.27-4.1 million bbl of gasoil

Santo Domingo.– The Dominican Republic’s 34,000 barrels per day refinery Refidomsa opened an offer to buy 1.27-4.1 million barrels of gasoil to be delivered from November to December, Reuters reported on Friday.

According to a tender document seen by the news agency, the gasoil must to be delivered at Rio Haina harbor from November 1 to December 31 and prices have to be related to the U.S. Gulf coast gasoil number 2.

The seller has the option to bid separately for 1-3 million barrels of gasoil with 0.5 percent sulfur, 240,000-1 million barrels of gasoil with 0.2 percent sulfur or 30,000-100,000 barrels of gasoil with 15 parts per million sulfur.

Venezuela is the top provider of crude oil and refined products to the Caribbean, including the Dominican Republic. The state-run company PDVSA bought in 2010 a 49 percent stake in Refidomsa, after the anglo-ducth Shell exited the facility. The Dominican government has the majority stake.

Source: DT

Category: DR News |

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Last updated December 10, 2016 at 11:35 PM
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