Kuwait Petroleum sells 74,000 tonnes of naphtha by tender

23 April 2010 13:07  [Source: ICIS news]

SINGAPORE (ICIS news)--Kuwait Petroleum Corp has sold by tender 74,000 tonnes of naphtha for loading at the end of May to early June, traders said on Friday.

The tender sale, which comprised 50,000 tonnes of full-range naphtha for lifting on 30-31 May and 24,000 tonnes of light naphtha for loading on 1-2 June, fetched a premium of $25-30/tonne to Middle East FOB (free on board) quotes, they said.

Kuwait Petroleum's previous tender sale was for 50,000 tonnes of full-range naphtha and 24,000 tonnes of light naphtha at a premium of $15-20/tonne to Middle East FOB quotes for loading in the second half of May.

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By: Felicia Loo



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