
Indonesia’s Pertamina is seeking for more 1.6 million barrels of high sulphur 2500ppm gasoil for delivery in second-half October via a spot procurement tender, three sources with knowledge of the matter said on Tuesday.
The state-owned energy major is hoping to buy – via its trading arm – a total of six cargoes with volumes from 200,000 to 500,000 barrels via a tender that closes on Oct. 9, with offers to have the validity up to Oct. 11.
Two 200,000-barrel cargoes should be loading on Oct. 14-16 and Oct. 23-25 from Singapore or Malaysia, one 300,000-barrel cargo for Oct. 21-23 delivery to Tuban, one 200,000-500,000 barrel cargo for Oct. 29-31 delivery to Tuban and two 200,000 barrel cargoes for delivery to Tanjung Uban and Pulau Laut on Oct. 18-20 and Oct 29-31.
Pertamina’s trading arm bought some 2500ppm and 50ppm sulphur gasoil cargoes two weeks ago for first-half October delivery at premiums of $2-3 a barrel, two of the sources said, adding that refiner’s procurement activity is linked to possible production woes that could extend into November.
The company did not immediately respond to a Reuters request for comment.
The Balikpapan refinery “has completed the revamp work of HCU A and HCU B. Both units are in the commissioning and start up stage after the revamp”, said a Pertamina refinery spokesperson earlier.
Source: Reuters reported by Trixie Yap, additional reporting by Fransiska Nangoy and edited by Louise Heavens
Related News.
November 6, 2026
India joins ISF Verify, bringing trusted digital certification within reach of 30 per cent of the global seafarer workforce
Agreement with the world’s second-largest seafarer supply country marks a major milestone for global digital certification. The Directorate General…
November 6, 2026
OpenGate Capital to acquire Maersk Training, the Global Safety Training and Gas-Safety Services Business of Maersk
OpenGate Capital, a global private equity firm, announced today that it has signed a definitive agreement to acquire Maersk Training and its…
November 6, 2026
Can AI Save the Planet? Planet Classroom examines AI’s Climate Impact, Energy Demands and Clean Energy Solutions
C. M. (Cathy) Rubin and The Nest Campus CEO Peter Gilmer explore AI's growing environmental footprint, billions in climate investment, and the…
November 6, 2026
Smart Port Market Size to be valued at USD 23.10 Billion by 2034; Increasing Volume of International Maritime Trade to Boost Market Development: Fortune Business Insights™
The global smart port market size was valued at USD 3.4 billion in 2025 and is expected to be worth USD 4.2 billion in 2026. The market is projected…
November 6, 2026
Closer cooperation with India can strengthen Danish shipping
Minister of Business and Competitiveness Martin Lidegaard is leading a Danish business delegation to India. Green shipping is among the…
November 6, 2026
IRClass Academy and PIP Makassar strengthen Executive Maritime Capability through IMPDP 2026
Indian Register of Shipping , through its professional training and development arm IRClass Academy, has further strengthened its engagement in…
November 6, 2026
MOL, Sharp, IOM Implement Solar Panel Donation Project
Move Will Enhance Living Conditions in Power-short Areas of Kenya Mitsui O.S.K. Lines, announced the donation of solar power panels to communities in…
November 6, 2026
Intermodal Report Week 44 2026
Pls find below the Intermodal Report - Week 44 2026 Intermodal Report Week 44 2026
November 6, 2026
Allied Weekly Market Review Week 44
Pls find below the Allied - Weekly Market Review - Week 44 ALLIED - Weekly Market Report- Week 44
November 6, 2026
Nor-Shipping partners with Marketing in Maritime to deliver Marketing & Communications day and awards in 2027
Nor-Shipping is partnering with Marketing in Maritime to deliver a dedicated Marketing & Communications Day and awards initiative at the 2027…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























