TNK-BP said to sell ESPO cargoes to Gunvor, Shell

TNK-BP (TNBP), the Russian oil venture, sold two cargoes of East Siberian Pacific Ocean crude, or ESPO, for May loading to Gunvor Ltd. and one to Royal Dutch Shell Plc (RDSA), according to three traders who participate in the market, Bloomberg reports. The 100,000 metric-ton cargoes sold at premiums of more than $4 a barrel to Middle East benchmark Dubai, according to the traders, who declined to be identified because the information is confidential.