India’s ONGC offers 35,000 tonnes naphtha for 11-12 August

23 July 2012 07:04  [Source: ICIS news]

SINGAPORE (ICIS)--Indian refiner Oil and Natural Gas Corp (ONGC) is offering by tender 35,000 tonnes of naphtha for loading from Mumbai on 11-12 August, according to a tender document obtained by ICIS over the weekend.

The tender closes on 25 July and bids will stay valid on 26 July, the document showed.

ONGC previously sold by tender a similar-sized cargo to be loaded from Mumbai on 5-6 August to France’s Total, at a premium of $33.00/tonne (€27.39/tonne) to Middle East quotes FOB (free on board).

($1 = €0.83)

By: Ong Sheau Ling
+65 6780 4359

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