Sri Lanka seeks Murban crude oil term cargoes for first time

21 August 2015 06:16 am

REUTERS: Sri Lanka’s Ceylon Petroleum Corp (Ceypetco) is seeking Murban crude oil term cargoes for the first time, after buying the oil in the spot market recently, industry sources said yesterday.
Ceypetco is seeking 10 cargoes of 700,000 barrels each of Murban crude oil for delivery into its single point buoy mooring 1 in Colombo, according to one of the sources.

The cargoes are to be delivered over Dec. 1, 2015 to July 31, 2016.
The tender closes on Sept. 2 and is valid for six weeks.