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.