04 May 2012 09:02 [Source: ICIS news]
The company is selling the cargo on free-on-board (FOB)
ONGC is currently in the process of evaluating submitted bids and is expected to announce the tender results over the weekend, the traders added.
ONGC last sold 35,000 tonnes of naphtha, for loading from Hazira on 23-24 May, to trading house Gunvor at plus $49.00/tonne (37/tonne) to FOB
($1 = €0.76)
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