India’s ONGC offers 35,000 tonnes of naphtha for loading 9-10 May

12 April 2012 10:49  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Oil and Natural Gas Corp (ONGC) has issued a tender to sell 35,000 tonnes of naphtha for loading on 9-10 May, a document issued by the company showed on Thursday.

The cargo is scheduled to be loaded from Mumbai, according to the document.

ONGC is selling the cargo on FOB Middle East price quotes, the document showed.

The company last sold 35,000 tonnes of naphtha at a premium of above $40/tonne (€30.4/tonne) on FOB Middle East price quotes to China International United Petroleum & Chemicals Co (UNIPEC).

($1 = €0.76)


By: Quintella Koh
+65 6780 4372



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