Kenya buys over 0.3 tons oil products
25 July 2012, 11:59
Singapore - Kenya bought more than
340,000 tonnes of oil products for August and September, nearly
one fifth above what it bought for July and slightly more than
it initially required, traders said on Wednesday.
The country's energy ministry bought 50,000 tonnes of jet
fuel for delivery over August 19-21 and 59,411 tonnes for
delivery over September 22-24 from Addax Kenya at premiums of
$23.78 and $18.66 a tonne over Middle East quotes, respectively.
It also bought two gasoline cargoes of 45,338 tonnes each for
delivery over September 13-15 and September 28-30 from Gapco.
It paid premiums of $5.94 and $16.50 a tonne, respectively,
for the cargoes.
For the 500 ppm sulphur gasoil, Kenya bought two parcels of
64,500 tonnes each from Gapco and Addax Kenya for delivery into
Kipevu Oil Terminal over September 2-4 and September 19-21 at
premiums of $36.30 and $29.45 a tonne over Middle East quotes
It also bought 19,050 tonnes of a similar grade for delivery
into Shimanzu Oil Terminal at a premium of $64.29 a tonne from