Satorp ... delivers first US-bound cargoes of diesel
First Satorp diesel cargoes to US will land this week
LONDON, January 20, 2015
The first US-bound cargoes of diesel from Saudi Arabia's 400,000 barrel per day Satorp refinery will land in New York early this week, traders said.
The cargoes of 10 ppm diesel on the SKS Driva and the Clio are scheduled to land in New York, according to Reuters ship tracking data, after loading at Jubail last month.
The joint venture refinery between Saudi Aramco and Total reached full capacity in mid-2014 but its diesel exports have so far been shipped to other regions, including Latin America and Asia.
Traders said the US is buying the diesel now due to colder weather, as well as a series of refinery outages in January that affected around a fifth of refinery capacity in the eastern half of the country. --Reuters
