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Argentina's Pan American seeks to sell 500,000 barrels of Escalante crude

Tue, 05th May 2015 13:19

NEW YORK, May 5 (Reuters) - Pan American Energy LLC's Argentina branch has launched a tender to sell one500,000 barrel cargo of Escalante crude for delivery June 15-25at the Caleta Cordova terminal, according to a document seen byReuters on Tuesday.

In April, Pan American, a unit of BP, tendered tosell 1 million barrels of Escalante crude for delivery in May.

For this tender, Pan American will accept bids until May 7and they must refer to front-month Brent crude prices. (Reporting By Luc Cohen; Editing by Chizu Nomiyama)

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