SATORP offers its first jet fuel cargoes in November

Company (SATORP) is offering its first jet fuel cargoes from its new Jubail refinery and is expected to offer diesel cargoes next month, industry sources said.

It has offered two jet fuel cargoes of about 30,000 to

40,000 tonnes each for loading in November through private negotiations, the sources said. 

The exact specifications of the cargoes were not immediately known but are likely to be jet A-1 fuel which is compatible for use by airlines, a Gulf-based trader said.

 For diesel, SATORP will also likely offer two cargoes in November, though the exact timeline is not firm yet. The cargo was initially expected to be loaded in late September by Total but has been delayed due to "teething issues" in starting up the refinery, traders said.