Bahrain's BAPCO sells 55,000 tonnes naphtha at low-$30s/t premium

26 September 2012 10:37  [Source: ICIS news]

SINGAPORE (ICIS)--Bahrain Petroleum Company (BAPCO) has sold by tender 55,000 tonnes of spot naphtha for loading on 21-31 December, traders said on Wednesday.

The deal was done at a premium in the low-$30/tonne (€23/tonne) levels to Middle East quotes FOB (free on board), they said.

BAPCO had previously sold by tender a similar-sized cargo to Arcadia at a premium of $31/tonne to Middle East quotes FOB for loading in mid-December, traders said.

($1 = €0.77)

By: Felicia Loo

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