India’s Essar Oil offers 34,000 tonnes naphtha for September

15 August 2012 05:59  [Source: ICIS news]

SINGAPORE (ICIS)--India's Essar Oil is offering by tender 34,000 tonnes of naphtha for loading from Vadinar on 7-9 September, traders said on Wednesday.

The tender closes on Thursday, they added.

In its previous tender, Essar Oil sold 28,000-33,000 tonnes of naphtha for loading from Vadinar on 23-25 August, to trading firm Vitol at a premium of $20-21/tonne (€16-17/tonne) to Middle East quotes FOB (free on board).

($1 = €0.81)

By: Felicia Loo

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