India’s ONGC offers 35,000 tonnes naphtha for mid-January

14 December 2012 01:59  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) is offering by tender a 35,000-tonne naphtha cargo for loading from Hazira on 13-14 January, according to a tender document obtained by ICIS on Friday.

The tender closes on 18 December, it stated.

In its last tender, ONGC sold a 35,000-tonne naphtha cargo for loading from Mumbai on 24-25 December.

The buyer was energy major Shell, which paid a premium of $35.25/tonne (€26.79/tonne) to Middle East quotes FOB (free on board).

($1 = €0.76)

By: Felicia Loo

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