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Suncor sells cargo of offshore Canadian crude to Indian Oil Corp

Reuters  |  CALGARY, Alberta 

CALGARY, Alberta (Reuters) - has sold a of offshore Canadian crude from its Hibernia field to Corp , a spokeswoman said on Wednesday.

spokeswoman Sneh Seetal declined to say how big the was or when it would load, but confirmed Canada's biggest company had won an Corp tender.

"We do market our offshore crude production globally on an opportunistic basis," Seetal added.

of the comes after market sources this week said two other vessels carrying Atlantic Canadian crude are on their way to China.

The Stena Suede and the Jag Lalit, both Suezmaxes, loaded at Whiffen Head terminal, Newfoundland, according to ship tracking data. At least was one sold by Husky and the buyer is PetroChina, two sources said.

Husky said in February it sold its first one-million-barrel of offshore Atlantic crude bound for China. It came from the company's White Rose field.

At the time a Husky spokesman said low shipping rates helped make the transaction worthwhile.

(Reporting by Nia Williams; Editing by Leslie Adler and Sandra Maler)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Suncor sells cargo of offshore Canadian crude to Indian Oil Corp

CALGARY, Alberta (Reuters) - Suncor Energy has sold a cargo of offshore Canadian crude from its Hibernia field to Indian Oil Corp , a Suncor spokeswoman said on Wednesday.

CALGARY, Alberta (Reuters) - has sold a of offshore Canadian crude from its Hibernia field to Corp , a spokeswoman said on Wednesday.

spokeswoman Sneh Seetal declined to say how big the was or when it would load, but confirmed Canada's biggest company had won an Corp tender.

"We do market our offshore crude production globally on an opportunistic basis," Seetal added.

of the comes after market sources this week said two other vessels carrying Atlantic Canadian crude are on their way to China.

The Stena Suede and the Jag Lalit, both Suezmaxes, loaded at Whiffen Head terminal, Newfoundland, according to ship tracking data. At least was one sold by Husky and the buyer is PetroChina, two sources said.

Husky said in February it sold its first one-million-barrel of offshore Atlantic crude bound for China. It came from the company's White Rose field.

At the time a Husky spokesman said low shipping rates helped make the transaction worthwhile.

(Reporting by Nia Williams; Editing by Leslie Adler and Sandra Maler)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Business Standard
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Suncor sells cargo of offshore Canadian crude to Indian Oil Corp

CALGARY, Alberta (Reuters) - has sold a of offshore Canadian crude from its Hibernia field to Corp , a spokeswoman said on Wednesday.

spokeswoman Sneh Seetal declined to say how big the was or when it would load, but confirmed Canada's biggest company had won an Corp tender.

"We do market our offshore crude production globally on an opportunistic basis," Seetal added.

of the comes after market sources this week said two other vessels carrying Atlantic Canadian crude are on their way to China.

The Stena Suede and the Jag Lalit, both Suezmaxes, loaded at Whiffen Head terminal, Newfoundland, according to ship tracking data. At least was one sold by Husky and the buyer is PetroChina, two sources said.

Husky said in February it sold its first one-million-barrel of offshore Atlantic crude bound for China. It came from the company's White Rose field.

At the time a Husky spokesman said low shipping rates helped make the transaction worthwhile.

(Reporting by Nia Williams; Editing by Leslie Adler and Sandra Maler)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22