India’s Essar sells 30,000 tonnes naphtha to Shell

27 January 2012 03:22  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Essar Oil has sold by tender 30,000 tonnes of naphtha for loading from Vadinar on 15-19 February, traders said on Friday.

The cargo was awarded to Shell at a premium of $27/tonne (€21/tonne) to Middle East quotes FOB (free on board), they added.

($1 = €0.76)

For more on naphtha, visit ICIS chemical intelligence

By: Felicia Loo

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