India’s ONGC offers 35,000 tonnes naphtha for 10-11 Dec loading

19 November 2012 02:07  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has offered a tender to sell a 35,000-tonne naphtha cargo for loading from Hazira on 10-11 December, according to a tender document obtained by ICIS on Monday.

The tender closes on 21 November, with bids to stay valid until 22 November, the document stated.

Separately, ONGC closed a tender on 16 November that had offered a 35,000-tonne naphtha cargo for loading from Hazira on 28-29 November. The tender results are not immediately available.

In its last tender, ONGC sold a 35,000-tonne naphtha cargo for loading from Hazira to Gunvor at a premium of $47.50/tonne to Middle East quotes FOB (free on board) for loading on 18-19 November.


By: Felicia Loo



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