Saudi Aramco to delay PetroChina's Oct loadings of light crude oil -source
- Country:
- Saudi Arabia
Saudi Aramco informed PetroChina on Tuesday that its loadings of light crude oil for October will be delayed by about 10 days, said a senior Chinese state oil source with knowledge of the matter. However, Aramco, the state oil company of Saudi Arabia, will still supply the same grades and volumes of light crude oil requested for October nominations, the source said.
The Chinese state refiner was also told that its September-loading light crude cargoes will be swapped to heavier grades with no change in volumes or delays, the source said. "The (loading dates and volumes of) September cargoes are too prompt to be changed, as Aramco may be still assessing the damages to its facilities," said the source.
Also Read: UPDATE 1-JPMorgan close to winning lead advisory role for Saudi Aramco IPO - source
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Saudi Aramco
- PetroChina
- Chinese
- source
- Saudi Arabia
- facilities
ALSO READ
Chinese state media say an explosion has killed one person and injured 22 in a building outside Beijing, reports AP.
Orleans Masters 2024: Arjun-Dhruv move into second round after beating Chinese Taipei's Ming-Tang
Rising mortgage defaults bring more pain to Chinese households
Elderly retirees face big losses after Chinese trust goes bust, reflecting turbulent economy
PM Shehbaz Sharif meets Chinese ambassador; promises timely implementation of CPEC projects