HOUSTON Jan 13 Canadian oil firm Pacific
Rubiales launched a tender to sell one 1 million barrel
cargo of heavy Colombian Castilla crude, for delivery February 1
to 5 at Covenas port, according to an invitation seen by Reuters
The largest private oil producer in Colombia, which had been
offering 4 to 6 monthly cargoes of Colombian crude, is
increasing its tender activity since it bought another Canadian
firm based in the South American country in 2013, Petrominerales
Bids must be indexed to WTI prices for February and sellers
will include any combination of Pacific's subsidiaries: Meta
Petroleum, Pacific Stratus Energy and C&C Barbados. Offers
should be submitted by January 17.
Pacific Rubiales, which targets a 15 to 20 percent output
increase this year, offered last week on the open market a
500,000 barrel cargo of medium Vasconia crude.