Pakistan State Oil (PSO) is seeking up to 650,000 tonnes of high-sulphur fuel oil (HSFO) for the second quarter, shying away from low-sulphur parcels though, tender details on its website showed on Thursday.
Total volume sought for the HSFO grade is steady to the previous February-March period, with three 65,000-tonne lots required for April 15-30 delivery, four 65,000-tonne parcels to be delivered in June and another three 65,000-tonne cargoes to land between May to June.
Bids are to be made on a cost-and-freight (C&F) basis to Karachi, with the tender closing on March 19 and remaining valid for a week till March 26.
