Economics
Sudan issues tender for 1.6 million barrels of Dar Blend crude
August 28, 2009 (TOKYO) – Sudan has issued a new tender to sell 1.6 mil barrels of heavy sweet Dar Blend crude for October loading, traders told Reuters today.
This brand of crude is usually heavy discounted due to its highly acidic content, while US sanctions against the purchase of Sudanese goods also keeps many companies away.
However it is mainly used to for fuel oil blending. This tender will close on September 2, traders said.
Sudan national petroleum company (Sudapet) and the Malaysian state oil company PETRONAS managed to sell 3.2 million barrels of September-loading Dar Blend crude with the most recent one at discounts of between $6.30 and $7.30 a barrel to dated Brent oil.
(ST)
longo pi
Sudan issues tender for 1.6 million barrels of Dar Blend crude
Bor Town people are happy of this news, because they will get their 50% share of money US Dollars and put in their pockets, and some will be transfere to Uganda and Kenya Banks, and some to South African banks and Zambian Banks. Any way, by the end of 2011, all Bor Town (Dinkas) will be rich of US Dollars, eating meat, and chickens, and flying any where.