Qatar’s Tasweeq sells term naphtha at mid-$30s/tonne premium

03 December 2012 01:46  [Source: ICIS news]

SINGAPORE (ICIS)--Qatar International Petroleum Marketing (Tasweeq) has sold by tender term full-range naphtha for loading from January to December next year, traders said on Monday.

Tasweeq sold 360,000-600,000 tonnes for loading from Ras Laffan, they added.

The deal for the cargoes was completed at a premium of mid-$30s/tonne to Middle East quotes FOB (free on board), traders said.

Tasweeq previously 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.

($1 = €0.77)

By: Felicia Loo

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