News Article by REUTERS posted on May 13, 2008 at 10:12:07: EST (-5 GMT)
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Sudan offers 1.2 mln bbls end-June Dar Blend crude SINGAPORE (Reuters) - Sudan has offered via tender 1.2 million barrels of acidic Dar Blend crude for end-June loading, only its second spot tender for the grade, a trader said on Tuesday. The tender, which closes on May 19, offers two cargoes -- one 600,000-barrel cargo for loading on June 26-28, and the second for June 29-July 1 loading, the trader added. Last month, Sudan sold an estimated 1.5 million barrels of Dar Blend crude for May loading through its first-ever spot tender for the acidic grade. State-owned oil company Sudapet sells higher-quality Nile Blend crude via monthly tenders. It was unclear if Sudapet's spot tenders for Dar Blend crude meant the end of a marketing agreement with European trader Vitol, which has been selling most of the grade's output on behalf of the different equity holders since the grade came on stream in 2006.
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