Kuwait Petroleum closes naphtha tender sale for early Feb loading

11 January 2013 02:39  [Source: ICIS news]

SINGAPORE (ICIS)--Kuwait Petroleum Corp (KPC) closed a tender late on Thursday that offered a 24,000 tonne light naphtha cargo for loading in early February, traders said on Friday.

The cargo is scheduled for loading on 7-8 February, they added.

KPC previously sold a 50,000 tonne cargo of spot full-range naphtha to trading firm Vitol for loading in mid-December at a premium of $27/tonne (€21/tonne) to Middle East quotes FOB (free on board).

($1 = €0.75)

By: Felicia Loo

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