India’s ONGC issues H2 April naphtha sell tender

25 March 2008 08:45  [Source: ICIS news]

SINGAPORE (ICIS news)--India’s Oil and Natural Gas Corp (ONGC)  has issued a tender to sell 35,000 tonnes of naphtha for lifting in the second half of April, industry sources said on Tuesday.

The company offered the cargo for 27-28 April loading from Hazira on the west coast of India, in a tender which will close on 28 March.  

ONGC previously sold a 35,000-tonne cargo for 1-2 April loading at a premium of around $18/tonne to Middle East quotes FOB (free on board) Mumbai.

By: Desmond Chia
+65 6780 4359

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