BP, Total awarded Colombian Castilla and Vasconia crude tenders -traders

Reuters

HOUSTON, Oct 14 (Reuters) - Britain's BP and France'sTotal were awarded tenders launched this month byCanadian Pacific Rubiales Energy Corp for a1-million-barrel cargo of Colombian Castilla crude and a500,000-barrel cargo of Colombian Vasconia crude, traders closeto the deals said on Monday.

BP will pay the equivalent of $11.10 to $11.20 per barrelunder the price of ICE Brent to buy the Castilla crude cargo,while Total agreed to pay the equivalent of $5.50 per barrelunder ICE Brent price for the Vasconia crude, the traders added.

Both cargoes will be loaded during November, after beingsold by any combination of Pacific's subsidiaries. Prices mustultimately refer to NYMEX WTI front month, according to thetender's conditions seen by Reuters.

Pacific Rubiales, the largest private oil company inColombia with an output of some 210,000 barrels per day (bpd),is offering four to six crude cargoes per month on the openmarket, while the Colombian state-run Ecopetrol frequentlytenders crude cargoes also.

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