LONDON, Feb 12, 2010 (Dow Jones Commodities News via Comtex) --
Indian Oil Corp. (530965.BY) bought two very large crude carriers of Nigerian crude oil for April loading via its second spot tender, traders said Friday.
The company bought one VLCC of Escravos crude from Chevron Corp. (CVX) and one VLCC of Qua Iboe from Glencore International AG, traders said.
Each VLCC will comprise two standard 950,000-barrel cargoes, they said.
Further details on prices weren't immediately available.
In the first tender, the company bought two VLCCs of West African crude oil from Vitol. It bought one VLCC of Nigerian Yoho and Equatorial Guinea's Zafiro crude oil, and one VLCC of Nigerian Erha and Escravos crude oil.
IOC Thursday floated its third spot tender for sweet crude oil for April loading. The tender will close Feb. 16, with one-day validity.
-By Sherry Su, Dow Jones Newswires; +44(0)20-7842-9329; sherry.su@dowjones.com
(END) Dow Jones Newswires
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