India’s Essar Oil offers 140,000 tonnes naphtha for Dec‘12-Mar’13

12 November 2012 04:35  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Essar Oil is offering by tender four 35,000-tonne naphtha cargoes for loading from Vadinar from December 2012 to March 2013, traders said on Monday.

One cargo will be loaded each month and the tender closes on 14 November, they said.

In its last tender, Essar Oil sold a 35,000-tonne naphtha cargo to Mitsubishi Corp at a premium of $49/tonne (€38/tonne) to Middle East quotes FOB (free on board) for loading from Vadinar between 30 November and 4 December.

($1 = €0.79)

By: Felicia Loo

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