Qatar’s Tasweeq sells term naphtha supply at ME+$26-28/tonne

22 August 2012 03:38  [Source: ICIS news]

SINGAPORE (ICIS)--Qatar International Petroleum Marketing Co (Tasweeq) has sold by tender one-year term supply of plant condensate and full-range naphtha for October 2012 to September 2013, traders said on Wednesday.

The premiums were at $26-28/tonne (20.8-22.4/tonne) to Middle East quotes FOB (free on board), they added.

For each grade, 360,000-600,000 tonnes of material was being awarded, out of which one cargo of 30,000 tonnes or 50,000 tonnes was to be lifted from the Ras Laffan each month, traders said.

($1 = €0.80)

By: Felicia Loo

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