Qatar’s Tasweeq offers term naphtha for Jan-Dec 2013

12 November 2012 03:58  [Source: ICIS news]

SINGAPORE (ICIS)--Qatar International Petroleum Marketing (Tasweeq) has floated a tender to sell term plant condensate and term full-range naphtha for loading from January to December next year, traders said on Monday.

For each grade, Tasweeq is offering 360,000-600,000 tonnes for loading from Ras Laffan, they added.

The tender closes on 19 November, with bids to stay valid until 22 November, traders said.

Tasweeq sold by tender one-year term supply of plant condensate and full-range naphtha for October 2012 to September 2013, at premiums of $26.00-28.00/tonne (€20.50-22.10/tonne) to Middle East quotes FOB (free on board).

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

($1 = €0.79)

By: Felicia Loo

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