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Source: Reuters 7/11/2012, Location: Africa
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Algeria's state run oil company Sonatrach has increased its gasoil import requirements for the five-month period between August and December by 400,000 tonnes to 840,000 tonnes, traders said on Wednesday.
The suppliers have already been selected, traders added, with London-based PetroIneos Trading securing the bulk of cargoes sought by the Algerian firm.
PetroIneos Trading Ltd is a joint venture between PetroChina and UK petrochemical maker Ineos Group Ltd .
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| Middle East Oil Supply - May 2013 |
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