BPCL issues 108,000 tonne naphtha sell tender

22 July 2008 07:48  [Source: ICIS news]

SINGAPORE (ICIS news)--India's Bharat Petroleum Corp (BPCL) has issued a term tender to sell 108,000 tonnes of high-aromatics naphtha (HAN) for lifting through September to November and in January 2009, industry sources said on Tuesday.
 
BPCL offered parcels of 27,000 tonnes each for lifting every month from Mumbai. There would be no lifting in December.
 
The tender will close on 24 July, with validity until 25 July.
 
BPCL previously sold 30,000 tonnes of heavy naphtha at a premium of $35/tonne to Middle East quotes FOB (free on board) Mumbai to a South Korean trader for lifting from Mumbai over 20-25 July.

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By: Desmond Chia
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