India’s ONGC offers 35,000 tonnes naphtha for 18-19 Nov

30 October 2012 01:29  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has issued a tender to sell a 35,000 tonne naphtha cargo for loading from Hazira, according to a tender document on Tuesday.

The loading dates are 18-19 November, it showed.

The tender closes on 1 November, the document further stated.

In its last tender, ONGC sold a 35,000 tonne naphtha cargo to Total at a premium of $38-39/tonne (€29-30/tonne) to Middle East quotes FOB (free on board) for loading from Mumbai on 12-13 November.

In an earlier tender, ONGC sold a similar-sized 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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