India’s ONGC offers 35,000 tonnes naphtha for mid-Oct

22 September 2010 07:14  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Oil and Natural Gas Corp (ONGC) has tendered to sell 35,000 tonnes of naphtha for loading from Hazira on the west coast on 18-19 October, a tender document showed on Wednesday.

The tender closes on 29 September, with bids to stay valid until 30 September, it stated.

ONGC last sold by tender 35,000 tonnes of naphtha for loading on 7-8 October, at a premium of $5.25/tonne (€3.94/tonne) to Middle East quotes FOB (free on board).

($1 = €0.75)

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By: Felicia Loo

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