ONGC issues sell naphtha tender

17 April 2008 03:44  [Source: ICIS news]

SINGAPORE (ICIS news)--India’s Oil and Natural Gas Corp (ONGC)  has issued a tender for early May lifting to sell 35,000 tonnes of naphtha, industry sources said on Thursday.

The tender offers a 35,000 tonne cargo to be lifted over 7-8 May from Hazira on the west coast of India. Tender closes on 22 April, with validity till 23 April.

ONGC previously sold a similar cargo at a premium of $5.85/tonne to Middle East quotes FOB (free on board) Hazira to a western major for 27-28 April loading from Hazira.

($1 = €0.63)


By: Desmond Chia
+65 6780 4359

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