(Energy Analytics Institute, 14.Aug.2020) — Ecuador’s state oil company EP PetroEcuador awarded the third spot market sale of 2020 for a volume of 6,480,000 barrels of Oriente crude oil of approximately 24-degree API, to Trafigura PTE LTD. Trafigura won the bid with a per barrel differential of -$3.33, EP PetroEcuador […]
Tag: PTT International Trading PTE. LTD.
EP PetroEcuador Awards First Spot Sale Of 2020
(Energy Analytics Institute, Piero Stewart, 19.Feb.2020) — Ecuador’s state oil entity EP Petroecuador awarded its first spot market sale of 2020 to refining company Phillips 66 Company. The deal is for approximately 1,080,000 barrels of 24-degree API crude oil, EP PetroEcuador announced 19 February 2020 in an official statement. EP […]
PetroEcuador Renegotiates Deal With Asia’s PTT
(Energy Analytics Institute, Piero Stewart, 21.Feb.2020) — Empresa Pública PetroEcuador completed negotiations with Thailand state-owned company PTT International Trading PTE. LTD. related to reprogrammed 6,480,000 barrels of crude oil, equivalent to 18 shipments of 360,000 barrels each. The volume represents estimated income of $373,705,202, since the barrels can be marketed […]
PetroEcuador Completes Second Spot Sale Of 2019 With A $3.09/bbl WTI Spread
(Energy Analytics Institute, Piero Stewart, 6.Jun.2019) — EP PetroEcuador awarded for export 3,960,000 barrels of Oriente crude oil of 24-degree API plus/minus 5% to Tesoro Refining and Marketing Company LLC, the state company said in an official statement on 5 June. The award was at a positive differential of $3.09 […]