IOC issues H2 May naphtha sell tender

21 April 2008 08:11  [Source: ICIS news]

SINGAPORE (ICIS news)--Indian Oil Corp (IOC) has issued a tender to sell a 15,000-16,000 tonne cargo of naphtha for lifting over the second half of May, industry sources said on Monday.

The company offered the naphtha for lifting on 17-21 May from Haldia on the east coast of India in a tender that closes on 24 April, valid till 25 April.

IOC previously sold early May loading naphtha cargoes at a premium of around $9/tonne to Middle East quotes FOB (free on board) Dahej on the west coast of India.

By: Desmond Chia
+65 6780 4359

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