SINGAPORE: Pakistan State Oil (PSO) is seeking up to 1.215 million tonnes of fuel oil ahead of summer, 75 per cent higher in monthly volumes than its previous tender, documents showed on Tuesday.

PSO is seeking a total of fifteen 65,000-tonne cargoes of high sulphur fuel oil and four 60,000-tonne parcels of the low sulphur grade for delivery into Karachi between second-half April and June.

This would translate into monthly imports of 486,000 tonnes, about 75pc higher than its last round of tender for 830,000 tonnes of fuel over March to May.

Published in Dawn, March 11th, 2015

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