TNK-BP Sold 38,500 Tons of Petroleum Products at SPIMEX Auction
OREANDA-NEWS. January 28, 2010. TNK-BP sold 38,520 tons of petroleum products at a large wholesale auction conducted by the Saint-Petersburg International Mercantile Exchange (SPIMEX), according to a corporate press release, reported the press-centre of TNK-BP.
A total of 41,040 tons was put on auction.
During 27 mini-sessions, TNK-BP sold all of the offered volumes of Ai—80 gasoline (2,340 tons), Ai—92 gasoline (19,080 tons) and Ai—95 gasoline (3,600 tons) as well as 13,500 tons of diesel fuel out of the 16,020 tons that were offered for trade.
In addition, TNK-BP sold 18,080 tons of petroleum products in small wholesale trading over two weeks of January.
As was previously reported, TNK-BP sold more than 280,000 tons of petroleum products through exchange trading in 2009, of which more than 160,000 tons was sold in wholesale auctions. In November and December, TNK-BP offered for exchange trading approximately 15% of the total demand for its products in the domestic market.
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