No. 48



EGPC Tenders Up To Eleven Fuel Oil Cargoes

On 21 August, the Egyptian General Petroleum Corporation (EGPC) invited bids for the purchase of eight cargoes of 30,000-40,000 tons each of heavy fuel oil, plus an option on three more cargoes for delivery between October and December of this year fob Alexandria. The fuel oil will have a maximum sulfur content of 3.5%, but the typical quality will be 2.7% sulfur. The closing date for the bidding is 2...