India’s ONGC offers naphtha cargo from Hazira for H1 June

11 May 2009 04:31  [Source: ICIS news]

SINGAPORE (ICIS news)--India’s Oil and Natural Gas Corp (ONGC) is offering a  naphtha cargo via tender for first half of June lifting from Hazira, industry sources said on Monday.

The tender is for a 35,000-tonne cargo for loading dates 9-10 June from on the west coast of India and it will close on 12 May, with validity up to 13 May, sources added.

State-linked ONGC previously sold a similar cargo to South Korean refiner SK Energy at premium of $12/tonne to Middle East quotes FOB (free-on-board) Hazira for lifting over 23-24 May.

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By: Desmond Chia
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