EMAIL DETAILS
SUBJECT:
Fwd: US Refineries
PRI: NORMAL
FROM:
E
eschwerin@rosemontseneca.com
DATE:
2014-04-22 23:13:59
MSG_ID:
<C818385F-0377-4534-B319-0A6405575752@rosemontseneca.com>
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TO:
H
Hunter Biden
<hbiden@rosemontseneca.com>
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PROCESSED
Thoughts? Something to forward to Hunter Johnston maybe? Or just drop it? Eric D. Schwerin eschwerin@rosemontseneca.com Sent from my iPhone Begin forwarded message: > From: John Nevergole <jnevergole@africa-bd.com> > Date: April 22, 2014 at 5:57:02 PM EDT > To: Eric Schwerin <eschwerin@rosemontseneca.com> > Subject: US Refineries > > Eric, > > Hope all is well. Do you have contacts at some US refineries? > > A trading group from Cote d'Ivoire, founded by a few guys who used to work for some of the major oil companies, have a line on a cargo of Bonny Light Crude (1,000,000 barrels) that would be available to be lifted around mid-June. Instead of marketing it to the regional refiners they contacted us to see if we know some refineries in the US. Reason being margins may be better. Also, there is a possibility to negotiate a more consistent supply from the operator that could continually be sold to the refinery. > > The potential obstacles are as follows: > > - They would need to let the operator know sometime this week as the cargos go quickly. Thus, probably only works if it's a refinery contacts already exist with in order to be able to place a call or email to see if they want the cargo. Of course the refinery would be able to check and vet everything > > - I checked with a contact just to learn about the market. Apparently there may not be high demand with refiners (at least northeast refineries) because they have a lot of light sweet local crude in the market now. Balkan and Eagle Ford light crude compete with imported Bonny Light > > Let me know your thoughts. Let's catch up sometime soon as well. > > Best, > > John > >=2
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