BP to Supply PetroSA With 3 Condensate Lots From Oct

By Reuters Posted 21 August 2006 @ 02:24 pm EET     Print     Reprint     E-Mail     Comments

SINGAPORE (Reuters) - SINGAPORE Oil major BP will supply South Africa's state-owned PetroSA with three 300,000-barrel cargoes of condensate from end-October onwards, after a term contract with Shell expired in July, a PetroSA source said on Monday.

Click to Enlarge Oil major BP will supply South Africa's state-owned PetroSA with three ...

PetroSA is likely to issue a term tender next year, the source said.

PetroSA uses the condensate to supply its gas-to-liquids plant in Mossel Bay.

BP will supply either Australian North West Shelf condensate, Norway's Sleipner or UAE's Sharjah condensate.

The plant needs one cargo every six weeks.Shell used to sell around 300,000 barrels of NWS condensate every six weeks.