Kuwait Petroleum to hold term naphtha talks in early Feb

26 January 2012 03:50  [Source: ICIS news]

SINGAPORE (ICIS)--Kuwait Petroleum Corp (KPC) will start talks with Asian customers in early February to negotiate supply of term naphtha during April 2012 to March 2013, traders said on Thursday.

The term negotiations will take place in Singapore starting from the week of 6 February, they added.

KPC had previously agreed to sell term full-range naphtha to customers in Asia for April 2011-March 2012 supply at a premium of $18.50/tonne (€14/tonne) to Middle East quotes FOB (free on board).

For more on naphtha, visit ICIS chemical intelligence

By: Felicia Loo

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