Pacific Rubiales has tendered 1 million barrels of Colombian Castilla crude and expects to name winning bids this week, trade sources said Wednesday.
Pacific Rubiales’ notice to potential buyers said bids for the crude to be loaded the first half of September were due Thursday with cargoes awarded Friday.
The heavy sour blended crude is to be loaded at the Colombian port of Covenas.
Pacific Rubiales is an independent oil and gas exploration and production company listed on the Toronto and Colombian stock exchanges. It has operations in Colombia, Peru and Guatemala.