Indonesian Political, Business & Finance News

Indonesia offers LSWR

Indonesia offers LSWR

TOKYO (Reuter): Indonesia offered about 3.2 million barrels of April-lifting Low Sulphur Waxy Residue (LSWR) to its affiliates, traders said yesterday.

The April allocation is about 350,000 barrels smaller than the initial March allotment of 3.55 million barrels, they said.

In March, after the initial allocation, Indonesia offered its affilites approximately one million extra barrels of LSWR, bringing the total allocation to 4.5 million.

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