
Petroecuador Awards 950,000-Barrel Fuel Oil Sale To Trafigura
Petroecuador has awarded an international sale of Fuel Oil No. 6 to Trafigura PTE, adding an estimated USD 63 million in state revenue.
The award, dated July 3, 2026, covers 950,000 barrels, plus or minus 10%, of Fuel Oil No. 6. Petroecuador said the product is a heavy fuel used for industrial combustion and large-vessel supply.
Terms
The product will move in five cargoes of 190,000 barrels, plus or minus 10%, each.
Estimated revenue is USD 63 million. The sale used the USGC HSFO international marker with a USD -5.25 per-barrel differential.
The mix is produced at the Esmeraldas refinery from base fuel oil and diesel oil.
Competitive Field
Petroecuador said it received five valid offers: GreyRock, Petrochina, Trafigura, Voldge International Inc., and Freepoint Commodities LLC.
For buyers and logistics operators, the relevant signal is that Ecuador is placing heavy fuel into an international tender structure with named commodity-market participants.
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