JOGMEC buys Abu Dhabi Murban crude from Mitsui for reserve replacement

By Reuters News

- The Japan Oil, Gas and Metals National Corporation (JOGMEC) has awarded a tender to buy 320,000 kilolitres (2 million barrels) of Abu Dhabi Murban crude to Mitsui, two trade sources said on Friday.

  • The cargo, to be delivered between October 15 and December 14, will be used to replenish the country's Strategic Petroleum Reserve, JOGMEC said in a notice.

  • A JOGMEC spokesperson on Friday said the result would be announced, but in an email seen by Reuters on Thursday, the company said the result will not be announced as it could affect the crude oil market.

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