Oman Refineries offers 30,000 cbm naphtha for March loading

19 February 2010 07:18  [Source: ICIS news]

SINGAPORE (ICIS news)--Oman Refineries & Petrochemicals Co has issued a tender to sell 30,000 cubic metres (cbm) of light naphtha for loading from Sohar on 15-17 March, traders said on Friday.

The tender closes on 22 February, they added.

Asia’s benchmark naphtha crack spread was mired in a three-month low of $117.35/tonne (€85.67/tonne) versus Brent crude on Thursday’s close amid slowing demand for the petrochemical feedstock, according to global chemical market intelligence service ICIS pricing.

($1 = €0.73)

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By: Felicia Loo

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