US extends delivery window for SPR sale

摘要

Washington—The US extended the delivery window on its sale Friday for 5 million barrels of Strategic Petroleum Reserve sour crude to May 10 from the original April 1-30, according to an amendment to the sale posted on the SPR website. A second amendment noted Friday that Hawaii has preferential treatment for up to 150,000 barrels of the SPR crude on offer. The US Department of Energy, which manages the SPR, said Hawaii, home to two refineries with a total capacity of 148,000 b/d, is entitled to submit a binding offer for up to 3% of the crude offered, according to the Energy Policy and Conservation Act.