India’s BPCL offers one H2 June naphtha cargo

05 June 2008 04:52  [Source: ICIS news]

SINGAPORE (ICIS news)--India’s Bharat Petroleum Corp Ltd (BPCL) is offering to sell via tender a 20,000 tonne cargo of low aromatics naphtha (LAN) for lifting in the second half of June, industry sources said on Thursday.

The company offered the cargo for lifting from Mumbai over 16-20 June in the tender, which will close on 6 June.

BPCL previously sold a 30,000-tonne cargo of LAN to a western trader at a premium of around $9/tonne to Middle East quotes FOB (free on board) Mumbai for lifting over 1-10 June.

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By: Desmond Chia
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