SAUDI ARABIA
Petromin Sells Products Spot
MEES sources confirm that recent reports that the Saudi state oil company Petromin has begun selling products from its export refineries on a spot basis are accurate. It is understood that potential customers for naphtha, fuel oil, kerosine and gas oil can contact Petromin with a view to negotiating purchases on a spot-related basis. The volumes currently moving under such arrangements remain unclear.
Petromin has for some time been trying to...
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