India’s ONGC offers naphtha cargo for early Feb loading

15 January 2013 01:58  [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 3-4 February, according to a tender document obtained by ICIS on Tuesday.

The tender closes on 17 January, with bids to stay valid on the same day, it stated.

In its previous tender, ONGC sold a 35,000 tonne naphtha cargo to Total for loading from Hazira on 25-26 January.

The deal for the cargo was done at a premium of $44.25/tonne (€33.19/tonne) to Middle East quotes FOB (free on board).

($1 = €0.75)


By: Felicia Loo



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