Indonesia’s Pertamina recently closed its spot tender for November-loading supplies, though total spot volumes were lower compared to October-loading supplies as some have been termed out for the fourth quarter, trade sources said on Thursday.

It offered two spot cargoes of sulphur waxy residue (V-1250) for loading from Balikpapan in a tender that closed earlier this week, sources said.

The result of the tender was not immediately clear. The 200,000-barrels cargoes for V-1250 are expected to load between Nov. 23-24 and Nov. 28-29, shipping records showed this week.

These came on top of three 80,000-barrels cargoes offered in a tender that closed last week, which were for vacuum residue, low-sulphur marine fuel oil and decant oil, to be loaded from Plaju in November, the sources said.
Source: Reuters (Reporting by Jeslyn Lerh; Editing by Varun H K)