India’s ONGC sells 35,000 tonne mid-Nov naphtha cargo

23 October 2012 03:50  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has sold by tender a 35,000 tonne naphtha cargo to Total for loading from Mumbai on 12-13 November, traders said on Tuesday.

The deal for the cargo was done at a premium of $38-39/tonne (€29-30/tonne) to Middle East quotes FOB (free on board), they added.

In its previous tender, ONGC sold a 35,000 tonne naphtha cargo to Total at a premium of $31.50/tonne to Middle East quotes FOB for loading from Hazira on 26-27 October.

($1 = €0.77)


By: Felicia Loo



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