BEIJING, July 9 (Reuters) -
* Shandong Dongming Petrochemical Group, China’s largest private refiner, has bought a 1.9-million barrel cargo of Kuwaiti crude oil for end-July loading, the first of its kind since the plant started importing the commodity in 2015, company officials said on Monday.
* The cargo was of Kuwait Export Blend, one of Kuwait Petroleum Corp’s main export grades, with a sulphur content of 2.5 percent, the officials said.
* The purchase was partly to compensate for a decline in Venezuelan heavy grade Merey, said one of the officials. Venezuelan oil exports to China could sink to multi-year lows in July as the OPEC producer struggles with shrinking output and logistics hurdles.
* Dongming, based in the eastern province of Shandong, will blend the Kuwaiti oil with other lighter and lower-sulphur oil, said the officials.
* KPC did not immediately respond to a request for comment. (Reporting by Chen Aizhu Editing by Joseph Radford)