Inside Financial Markets

BB ENERGY MAKES LOWEST OFFER IN JET FUEL TENDER FROM PAKISTAN PSO – RTRS

psoBB ENERGY MAKES LOWEST OFFER IN JET FUEL TENDER FROM PAKISTAN PSO.KA – RTRS

SINGAPORE, Dec 10 (Reuters) – Mediterranean trading firm BB Energy has made the lowest offer in a tender to sell jet fuel to Pakistan State Oil PSO.KA, industry sources said on Wednesday.

The firm placed the lowest of two offers, at a premium of $7.78 a barrel above Middle East quotes on a delivered basis. European trader Vitol placed the other offer, the sources said.

The 10,0000-tonne jet fuel cargo is for delivery into Kaemari, Pakistan over Dec. 15 to Jan. 15.

The tender closed on Dec. 8 and will be valid until Dec. 21.

 

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)