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Oman offers oil for Aug after Sohar refinery system shuts suddenly

Oman's Ministry of Energy and Minerals has actually sold 1 million barrels of crude to load at the end of August in a prompt tender after one of the unrefined systems at the Sohar refinery was unexpectedly shut, several traders said on Wednesday.

The tender was granted to trading firm OQ late on Tuesday, the traders stated.

The sale followed the 198,000 barrel-per-day (bpd) Sohar refinery ran into functional issues and shut among its 2 crude distillation systems (CDUs), said a source with knowledge of the matter.

Some derivative systems at the refinery website have likewise cut their production rates since of the unexpected interruption, the source added.

It was not immediately clear the length of time the CDU will be shut. The Oman energy ministry and OQ did not instantly react to a. request for comment.

OQ was likely to provide the cargo to Duqm, the other. refinery in Oman, another of the sources said.

(source: Reuters)