RIL finalises gasoil term for 2014
Jan 15 2014 , Singapore
The company agreed to sell 500 ppm sulphur gasoil at premiums of $2.25 to $2.50 a barrel above Middle East quotes, lower than the $2.70 a barrel premium negotiated for last year, the sources said.
Reliance also agreed to sell the 10 ppm sulphur diesel at premiums of $2.50 and $3 a barrel above Middle East quotes, also lower than 2013's premiums, they added.
Details on buyers could not immediately be confirmed.