India’s ONGC offers 35,000 tonnes naphtha

07 December 2012 01:51  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has issued a tender offer for a 35,000 tonne naphtha cargo for loading from Hazira between 31 December and 1 January, according to a tender document obtained by ICIS on Friday.

The tender closes on 12 December, with bids to remain valid on the same day, it stated.

In its last tender, ONGC sold a 35,000 tonne naphtha cargo for loading from Hazira on 21-22 December. Chinese trading firm Unipec won the cargo at a premium of $31.35/tonne (€24.14/tonne) to Middle East quotes FOB (free on board).

($1 = €0.77)

By: Felicia Loo

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly