India’s ONGC sells 35,000 tonnes naphtha for 24-25 Dec loading
10 December 2012 08:12 [Source: ICIS news]
SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has sold by tender a 35,000-tonne naphtha cargo for loading from Mumbai on 24-25 December, traders said on Monday.
The buyer was energy major Shell, they added.
The deal for the cargo was done at a premium of $35.25/tonne (€25.15/tonne) to Middle East quotes FOB (free on board), traders said.
($1 = €0.78)By: Felicia Loo
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