India’s HPCL offers 6,000-9,000 tonnes of Group I base oil

30 July 2012 11:39  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Hindustan Petroleum Corporation Limited (HPCL) has issued a tender to sell a total of 6,000-9,000 tonnes of Group I cargoes, according to a tender document released on 28 July.

The tender document states that HPCL is looking to sell 6,000-9,000 tonnes of SN150 and SN500 between 15 August and 31 October. One combined cargo of both SN150 and SN500 will be available in each calendar month during the period. The cargoes will be loaded in Mumbai and prices will be quoted on an FOB basis.

The tender will close on 6 August, according to the document.

By: Serena Seng

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