Asia Gasoline-Thailand buys 30000 T spot in rare move

SINGAPORE Feb 6 (Reuters) – Thailand is importing 30,000

tonnes of spot gasoline for February in an unusual move as Star

Petroleum Refinery Pcl (SPRC) is preparing to shut its plant for

maintenance next week, trading and industry sources said on

Thursday.

Industry sources added that European trading house Trafigura

has done the deal for the cargo to be lifted around Feb. 8 from

Singapore with PTT, which has a trading office in Singapore.

Price details were not available.

Traders said there will likely be more fresh demand from

Thailand but the volumes may be small and not sufficient to

boost sentiment for now due to ample supplies.

Singapore onshore light distillates stocks, for instance,

were at a four-week high of 12.553 million barrels in the week

to Feb. 5, official data showed.

Star Petroleum, a joint venture between Chevron Corp

and PTT Pcl is to shut its 155,000 barrels per day

(bpd) refinery in Map Ta Phut for a 40-day maintenance starting

in the week of Feb. 10.

Asia Gasoline-Thailand buys 30000 T spot in rare move