Essar issues tender for 35,000 tonne naphtha cargo

19 September 2007 09:55  [Source: ICIS news]

SINGAPORE (ICIS news)--India’s Essar Oil has issued a tender to export one naphtha cargo for October loading, boosting the country’s naphtha exports to more than 900,000 tonnes for the month, traders said on Wednesday.

 

The Vadinar-based refiner offered 35,000 tonnes of naphtha for 9-10 October loading via a tender which will close on Friday, they added. The tender is expected to be awarded early next week. 

 

Essar Oil last sold a naphtha cargo to a European trader at the end of August for an undisclosed price to the Middle East spot quotes, FOB (free on board) Vadinar, traders said.


By: Nurul Darni
65 6789 4359



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