PSO likely to buy costlier gasoline for Feb-Mar

SINGAPORE: Pakistan State Oil (PSO) is likely to buy a costlier 210,000 metric tonnes of non-oxygenated, 87 RON gasoline for delivery over February- March, Geo News reported.

A foreign website, which provides information on energy and metallic commodities, Wednesday quoted sources as saying, PSO was slated to buy gasoline at higher premiums compared to its last purchase.

According to detrails, PSO has sought two consignments each 35,000 metric tonnes in size for February and four shipments for March delivery at Karachi, through a tender that closed on Jan 3, and valid up to Jan 7, 2012.