India's HPCL offers up to 19,000 tonnes of base oils

02 May 2012 11:14  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Hindustan Petroleum Corp (HPCL) is offering via a tender up to 19,000 tonnes of Group I base oils for May loading, traders said on Wednesday.

The company offered two cargoes of 3,000-5,000 tonnes each and a third shipment of 6,000-9,000 tonnes for loading between 15 May and 25 May from the port of Mumbai.

The refiner has SN150 and SN500 base oils available, with buyers given the option to buy only one grade or combine both grades in one shipment.

The tender closes on 3 May, with bids valid until 4 May.

By: Yeow Pei Lin

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