(Adds comment from BPC official; background)
By Jessica Jaganathan and Ruma Paul
SINGAPORE/DHAKA May 5 Bangladesh Petroleum Corp
is seeking up to 1.06 million tonnes of gasoil, jet fuel and
high sulphur fuel oil, a tender document showed on Friday.
The state-owned company is seeking 680,000 to 860,000 tonnes
of 500ppm sulphur gasoil, 100,000 tonnes of jet fuel and 80,000
to 100,000 tonnes of 180-cst high sulphur fuel oil.
The tender closes on May 16 and is valid until July 29.
The delivery of the cargoes will be carried out in phases in
the second half of this year, said a senior BPC official.
Some volumes will also be imported through separate term
deals, he told Reuters, without giving details.
BPC started issuing tenders for its long-term contracts in
February after a 15-year hiatus, during which it directly
negotiated with suppliers of fuel products.
It wants to move away from direct deals as part of efforts
to buy at cheaper rates through international tenders.
China's Unipec won the previous tender to supply gasoil and
jet fuel to Bangladesh for delivery in the first half of 2017,
at premiums of $2.16 and $2.08 a barrel above Middle East quotes
for gasoil and a premium of $2.76 a barrel for jet fuel.
Oil trader Vitol won the tender to supply fuel oil.
BPC also has term contracts with 10 companies for refined
oil product imports in the first half of 2017.
(Reporting by Jessica Jaganathan; Editing by Sherry
Jacob-Phillips and Subhranshu Sahu)