India's ONGC offers 35,000t naphtha for late-April loading

29 March 2010 08:34  [Source: ICIS news]

SINGAPORE (ICIS news)--India’s Oil and Natural Gas Corp (ONGC) has issued a tender to sell 35,000 tonnes of naphtha for 25-26 April loading from Mumbai, on the west coast of India, according to a tender document issued late on Friday.

The tender will close on 31 March, with bids valid later the same day.

ONGC earlier sold another 35,000-tonne cargo of naphtha for 1-2 April loading from Mumbai to Japan's Itochu for a premium of about $27.30/tonne to Middle East quotes FOB (free on board).

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By: James Dennis
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