26 March 2012 09:45 [Source: ICIS news]
SINGAPORE (ICIS)--Indian Oil Corp Ltd (IOC) has awarded its 4,000-4,500-tonne base oils tender to a Singaporean trader, market sources said on Monday.
The tender, which comprises 4,000-4,500 tonnes of SN500 for loading from ?xml:namespace>
The volume of the awarded tender is barely half the original 10,000 tonnes that should have consisted of two cargoes of different base oils grades - SN500, 150N and 500N. The loading dates were also pushed back from the initial scheduled of first half of March.
($1 = €0.75)
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