Front Puffin FPSO Arrives in Australia
|Wednesday, September 05, 2007
AED has also sold the first cargo (300,000 barrels) of Puffin crude oil. The company's crude oil marketer, TOTAL Trading Asia Pte Ltd, says the shipment has been sold to an east coast Australian refinery, priced at a premium to APPI Tapis. Under the ADE marketing agreement with TOTAL the sale will be on an FOB basis. Offtake is scheduled for the second half of October.
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