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South Sudan Offers 6.3 million barrels of Crude Oil for February

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The Republic of South Sudan offered to sell 4.7 million barrels of Dar Blend and 1.6 million barrels of Nile Blend crude for loading in February, according to a tender document obtained by Bloomberg News.

Details of the sale are as follows:

---------------------------------------------------------------
Crude:         Dar Blend (Sudan)
Quantity:      4.7 million barrels
Loading:       Feb. 4-5    - 600,000 barrels
               Feb. 7      - 300,000
               Feb. 8-9    - 600,000
               Feb. 11-13  - 1 million
               Feb. 18-19  - 600,000
               Feb. 21-23  - 1 million
               Feb. 24-25  - 600,000
Pricing:       Dated Brent
Seller:        Ministry of Petroleum and Mining, Republic
               of South Sudan
Loading port:  Bashayer Marine Terminal, Sudan
Closing:       Jan.13
---------------------------------------------------------------
Crude:         Nile Blend (Sudan)
Quantity:      1.6 million barrels
Loading:       Feb. 22-24  - 1 million barrels
               Feb. 26-28  - 600,000 bbl
Pricing:       Indonesian Crude Price (ICP) Minas
Seller:        Ministry of Petroleum and Mining, Republic
               of South Sudan
Loading port:  Bashayer Marine Terminal, Sudan
Closing:       Jan. 13
---------------------------------------------------------------
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