South Korean refiner SK Energy Co Ltd. has issued a tender for more April-loading 10 ppm sulphur gasoil cargoes after selling at least one lot in the past two weeks, three industry sources said on Wednesday.

The tender, seeking to sell two 300,000-barrel lots loading on April 8-10 and April 21-23, will close at 2 p.m. (0600GMT), with validity up to 10 p.m., the sources said.

The company sold the earlier loading cargo at a discount of 20 cents to 30 cents per barrel to Singapore quotes, after offering at least two lots, Reuters records show.

The fresh offers show that the refiner may have changed their sales strategy to offer more gasoil first, instead of jet fuel, following better netbacks amid a wider regrade spread, one of the three sources said.

SK Energy was not immediately available for comment.
Source: Reuters (Reporting by Trixie Yap; Editing by Varun H K, Nivedita Bhattacharjee)