India’s ONGC sells 35,000 tonnes naphtha for late Jan

10 January 2011 08:38  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Oil and Natural Gas Corp (ONGC) has sold by tender 35,000 tonnes of naphtha to trader Cargill for loading from Mumbai in late January, traders said on Monday.

The cargo was done at a premium of $21/tonne (€16/tonne) to Middle East quotes FOB (free on board), they said.

The loading dates are 26-27 January, traders said.

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By: Felicia Loo

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