Surgutneftegaz awards 200,000 T of Baltic Urals crude in April

Russia’s Surgutneftegaz sold 200,000 tonnes of Urals crude oil in a spot tender for loading from the ports of Primorsk and Ust-Luga in April at above the latest estimations for the grade, traders said.

The producer sold one 100,000-tonne Urals cargo for loading from Primorsk on April 8-9 and a cargo of the same size from Ust-Luga on April 7-8 to China’s Unipec at dated Brent minus some $3.40 a barrel, when adding freight to the original free on board (FOB) differential, traders said.

The tender closed on March 23 at 1400 Moscow time (1100 GMT).
Source: Reuters (Reporting by Gleb Gorodyankin and Olga Yagova; Editing by Jan Harvey)