Iraq seeks around 1 mln tons more gasoil for 2013

Iraq’s State Oil Marketing Company (SOMO) is seeking nearly 1 million tons of gasoil on behalf of the country’s electricity ministry to supply power stations in 2013, a tender document showed on Tuesday.

SOMO is tendering for 1,260 metric tons a day of gasoil to be delivered Feb. 1-March 31, or a total of 74,340 tons over the two months, with another 3,360 tons a day required from April through to the end of 2013, amounting to 924,000 tons.

The seller will have to deliver the fuel to the Iraqi port of Basra and then transport it by road to Iraqi power stations.

Submission of bids begins on Dec. 13 and the tender closes on Dec. 26, SOMO said.

In November, SOMO finalized a term deal to buy up to 1.097 million tons of gasoil for delivery next year from Swiss trader Vitol and oil major BP, according to traders.